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This is all they gave me in the question... 1. John deposits 150 at time 2 into an account earn- ing a force of interest
This is all they gave me in the question...
1. John deposits 150 at time 2 into an account earn- ing a force of interest of dt = 0.03. At time 3, Sarah Jane deposits 100 into an account earn- ing i(12) = 0.06. it what time are the account balances equal? (17.558] A. Less than 15 B. At least 15, but less than 16 C. At least 16, but less than 17 D. At least 17, but less than 18 E. At least 18Step by Step Solution
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Financial Accounting For Decision Makers
Authors: Mark DeFond
2nd Edition
1618533142, 9781618533142
