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Nolan invested $8,100 in an account paying an interest rate of 8 3/4% compounded quarterly. Carter invested $8,100 in an account paying an interest rate of 8 3/4% compounded annually. After 5 years, how much more money would Carter have in his account than Nolan, to the nearest dollar?

Respuesta :

clarch19

Answer:

I believe Nolan would have more money after 5 years, by $165

Step-by-step explanation:

Nolan:

A = 8100(1 + (.0875/4))^20

A = 12,486

Carter:

A = 8100 (1 + .0875)^5

A = 12,321

aaaaaaa22rver

Answer:

61

Step-by-step explanation:

brainly said so lol

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