Question
Account A starts now with $100 and pays 4% interest. After 2 years an additional $25 is deposited in account A. Account B is opened
Account A starts now with $100 and pays 4% interest. After 2 years an additional $25 is deposited in account A. Account B is opened 1 year from now with a deposit of $95 and pays 8% per year. When (in years and days) will account B have 1.5 times the accumulated value of account A?
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Practical Finance For Property Investment
Authors: Craig Furfine
1st Edition
036733304X, 978-0367333041
