Mathematics, 23.09.2020 18:01 michaelowenmccollum
6000 dollars is invested in a bank account at an interest rate of 6 per cent per year, compounded continuously. Meanwhile, 16000 dollars is invested in a bank account at an interest rate of 5 percent compounded annually. To the nearest year, when will the two accounts have the same balance?
Answers: 2
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6000 dollars is invested in a bank account at an interest rate of 6 per cent per year, compounded co...
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