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Mathematics, 12.03.2020 00:32 poppy1173

Javier invests $500 into an account

with the bank that compounds continuously with an annual rate of 9.0% and

Maria invests $500 into a different account that compounds annually with an

annual rate of 9.03%. Find the value in

each account after 10 and 30 years. What

did you notice? Should you compare more

than just the annual rate to determine

which account to invest in? Why or why

not?

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Answers: 3

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Javier invests $500 into an account

with the bank that compounds continuously with an an...
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