asked 2.2k views
2 votes
Aubree invested $1,000 in an account paying an interest rate of 6\tfrac{1}{4}6 4 1 ​ % compounded daily. Mia invested $1,000 in an account paying an interest rate of 6\tfrac{3}{8}6 8 3 ​ % compounded quarterly. After 11 years, how much more money would Mia have in her account than Aubree, to the nearest dollar?

2 Answers

6 votes

Answer:

$17 (if using delta DONT put $)

Explanation:

2005.1534-1988.6204

16.533

$17

answered
User Will Bellman
by
8.1k points
8 votes

Answer: $17

Explanation:

answered
User Josnidhin
by
7.5k points
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