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zzz [600]
2 years ago
10

Emma invested $540 in an account paying an interest rate of 7\tfrac{3}{4}7 4 3 ​ % compounded monthly. Cameron invested $540 in

an account paying an interest rate of 7\tfrac{3}{8}7 8 3 ​ % compounded continuously. To the nearest dollar, how much money would Emma have in her account when Cameron's money has tripled in value?
Mathematics
1 answer:
Vsevolod [243]2 years ago
4 0

Answer:

1300

Step-by-step explanation:

Emma invested $540 in an account paying an interest rate of 7\tfrac{3}{4}7 4 3 ​ % compounded monthly. Cameron invested $540 in an account paying an interest rate of 7\tfrac{3}{8}7 8 3 ​ % compounded continuously. To the nearest dollar, how much money would Emma have in her account when Cameron's money has tripled in value?

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