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Anna [14]
3 years ago
15

Lincoln invested $440 in an account paying an interest rate of 5\tfrac{7}{8}5 8 7 ​ % compounded continuously. Robert invested $

440 in an account paying an interest rate of 5\tfrac{1}{2}5 2 1 ​ % compounded daily. After 11 years, how much more money would Lincoln have in his account than Robert, to the nearest dollar?
Mathematics
1 answer:
Sidana [21]3 years ago
5 0

Answer: $34

Step-by-step explanation:

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