carmanv1 carmanv1

23-03-2024
Mathematics

contestada

Jamar invested $110 in an account paying an interest rate of 2 1/8%
compounded quarterly. Malika invested $110 in an account paying an interest rate of 1 1/2%
compounded monthly. After 7 years, how much more money would Jamar have in his account than Malika, to the nearest dollar?

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