Mathematics

Selina Gould

18 February, 23:34

Nevaeh invested $490 in an account paying an interest rate of 8 5 8 8 8 5 % compounded continuously. Christian invested $490 in an account paying an interest rate of 8 1 2 8 2 1 % compounded monthly. After 8 years, how much more money would Nevaeh have in her account than Christian, to the nearest dollar?

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