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Ashley and Megan start with the same amount of money to invest. Megan has the option of an account that earns compound interest at an
Ashley and Megan start with the same amount of money to invest. Megan has the option of an account that earns compound interest at an annual effective rate of j%. Ashley has the option of an account that earns i% simple interest. After the year 1, they both still have the same amount of money to invest compared to each other. How can they have the same amount to invest compared to each other after 2 years? (no excel please.)
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