Question
London invested $3,400 in an account paying an interest rate of 6% compounded quarterly. Victoria invested $3,400 in an account paying an interest rate
London invested $3,400 in an account paying an interest rate of 6% compounded quarterly. Victoria invested $3,400 in an account paying an interest rate of 63% compounded monthly. After 5 years, how much more money would London have in her account than Victoria, to the nearest dollar?
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Elementary Technical Mathematics
Authors: Dale Ewen
12th Edition
1337630586, 978-1337630580
