asked 123k views
16 votes
Melanie invested $3,800 in an account paying an interest rate of 2% compounded

quarterly. Sebastian invested $3,800 in an account paying an interest rate of 2%
compounded monthly. After 6 years, how much more money would Sebastian have in
his account than Melanie, to the nearest dollar?

2 Answers

4 votes

Answer:101

Step-by-step explanation:

answered
User Teo Sartori
by
7.8k points
7 votes

Answer:

101

Explanation:

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