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Pythagoras and Esky both put $400 into a bank at the same time. Pythagoras's bank calculates 5% interest compounded annually. Esky's bank compounds continuously
Pythagoras and Esky both put $400 into a bank at the same time. Pythagoras's bank calculates 5% interest compounded annually. Esky's bank compounds continuously using 4.5% interested. Who will have more after 10 years and by how much? O Pythagoras will have $24.24 more O Esky will have $24.24 more O Pythagoras will have $21.24 more O Esky will have $36.15 more
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