Question

cameron opens a checking account and a savings account at his local bank. He deposits $10,000 into his checking account and $2,00 into his savings account. She will withdraw $1,200 from his checking account each year. His savings account earns 8% interest each year. In how many years will both accounts have the same amount

Answer 1

10000-1200x=200*(1.08)^x
x≈8.02
The answer can be 8 years after