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You have $4000 in a saving account which earns 8% compounded monthly and $4,500 in an account which earns 6% compounded monthly. How many years

You have $4000 in a saving account which earns 8% compounded monthly and $4,500 in an account which earns 6% compounded monthly. How many years will it be until the two account have the same balance if you do not withdraw any money? (Hint: One way to solve this is to use trial and error)

A.

3 years

B.

4 years

C.

5 years

D.

6 years

E.

7 years

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