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7000 dollars is invested in a bank account at an interest rate of 10 percent per year, compounded continuously. Meanwhile, 11000 dollars is invested
7000 dollars is invested in a bank account at an interest rate of 10 percent per year, compounded continuously. Meanwhile, 11000 dollars is invested in a bank account at an interest rate of 2 percent compounded annually. To the nearest year, When will the two accounts have the same balance? The two accounts will have the same balance after years.
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