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A.2 Sonny puts $200 into an account earning simple interest at 5% per year. Cher puts $220 into an account earning a constant force of
A.2 Sonny puts $200 into an account earning simple interest at 5% per year. Cher puts $220 into an account earning a constant force of interest . After 5 years, each account has the same accumulated value. Find . (a) 2.56% (b) 2.59% (c) 2.65% (d) 2.73% (e) 2.97%
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