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1. How much more interest will be earned if $7000 is invested for 6 years at...

1. How much more interest will be earned if $7000 is invested for 6 years at 7% compounded continuously, instead of at 7% compounded quarterly.

2. How long does it take for an account containing $6000 to be worth $15,000 if the money is invested at 8.4% compounded monthly?

Math   Advanced-Math   
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