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Frank invests $2,500 in an account that has an annual interest rate of 5.4% compoundedcontinuously....

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Basic Math

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Frank invests $2,500 in an account that has an annual interest rate of 5.4% compoundedcontinuously. Hannah invests $3,000 in an account that has an annual interest rate of3.2% compounded quarterly. Which of the following statements is true when comparingthe amount of money in the two accounts after 10 years?After 10 years Hannah has about $164 more than Frank.After 10 years Frank and Hannah have the same amount of money in their accounts.After 10 years Frank has about $164 more than Hannah.After 10 years Frank has about $500 more than Hannah.

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