Service

Chat Now

Investor A deposits $1000 into an account that earnsan interest rate of 5% per annum, comp

Investor A deposits $1000 into an account that earnsan interest rate of 5% per annum, comp

Investor A deposits $1000 into an account that earnsan interest rate of 5% per annum, compounded semi- annually.

On the same date, Investor B deposits $600 into an account thatearns an interest rate of 9% per annum, compounded monthly.

After how many years does Investor B's account first exceedInvestor A's?

Abhinav 04-Dec-2019

Answer (UnSolved)

question Get solution