Omar invested $68,000 in an account paying an interest rate of 7(1)/(2)% compounded annually. Madeline invested $68,000 in an account paying an interest rate of 7(1)/(4)% compounded daily. After 8 years, how much more money would Madeline have in her account than Omar, to the nearest dollar?

Answer rating: 100% (QA)

Omar invested 68000 in an account paying an interest rate of 712 compounded annually Madeline invest... View the full answer