Jason invests $4000 in PGS Bank and the amount he has in his account grows at a
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Question:
Jason invests $4000 in PGS Bank and the amount he has in his account grows at a continuous annual rate of 1.5%. On the same day, Maria invests $6000 in Cash Bank and the amount of money in her account grows at an annual rate of 1.4%. In how many years will the two bank accounts have the same amount of money?
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date: