Carter invested 540 in an account paying an interest rate of 4 and 7/8% compounded monthly. Jack invested 540 in an account payi

Question

3 years ago

10

Carter invested 540 in an account paying an interest rate of 4 and 7/8% compounded monthly. Jack invested 540 in an account payi

ng an interest rate of 5 and 1/2% compounded continuously. To the nearest hundredth of a year, how much longer would it take for Carter's money to triple than for jack's money to triple?

Mathematics

1 answer:

alukav5142 [94] · Answer 1 · 2022-03-17T14:26:56+03:00

alukav5142 [94]3 years ago

4 0

Answer:

Step-by-step explanation: