Juan invested $7,700 in an account paying an interest rate of 5 1/8 % compounded continuously. Hudson invested $7,700 in an acco

Question

3 years ago

15

Juan invested $7,700 in an account paying an interest rate of 5 1/8 % compounded continuously. Hudson invested $7,700 in an acco

unt paying an interest rate of 5 1/4 % compounded monthly. To the nearest hundredth of a year, how much longer would it take for Juan's money to double than for Hudson's money to double?

Mathematics

1 answer:

AysviL [449] · Answer 1 · 2022-06-29T00:35:41+03:00

AysviL [449]3 years ago

7 0

Answer:0.29

Step-by-step explanation: