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2 March, 21:17

Dominic invested $9,400 in an account paying an interest rate of 4/tfrac{7}{8}4 8 7 % compounded continuously. Alexandra invested $9,400 in an account paying an interest rate of 4/tfrac{3}{8}4 8 3 % compounded quarterly. After 16 years, how much more money would Dominic have in his account than Alexandra, to the nearest dollar?

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  1. 2 March, 22:49
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    Answer: give me more detail
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