Question
$500 was deposited on January 1, 2013, in an account paying 12% compounded semiannually. On January 1, 2015, $400 was deposited in another account paying
$500 was deposited on January 1, 2013, in an account paying 12% compounded semiannually. On January 1, 2015, $400 was deposited in another account paying 15 % compounded annually. Find the time when the two accounts will be of equal value?
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MATLAB An Introduction With Applications
Authors: Amos Gilat
6th Edition
111938513X, 978-1119385134
