Hailey invested $940 in an account paying an interest rate of 8\tfrac{1}{4}8
4
1
​
% compounded quarterly. Justin invested $940 in an account paying an interest rate of 7\tfrac{5}{8}7
8
5
​
% compounded monthly. To the nearest dollar, how much money would Hailey have in her account when Justin's money has tripled in value?