Bruce and Robbie each open new bank accounts at time 0. Bruce deposits $100 into his bank account, and Robbie deposits $50 into

Question

2 years ago

7

Bruce and Robbie each open new bank accounts at time 0. Bruce deposits $100 into his bank account, and Robbie deposits $50 into

his. Each account earns the same annual effective interest rate. The amount of interest earned in Bruce's account during the 11th year is equal to X. The amount of interest earned in Robbie's account during the 17th year is also equal to X. Calculate X.

Mathematics

1 answer:

Karolina [17] · Answer 1 · 2022-07-05T06:28:54+03:00

Karolina [17]2 years ago

4 0

Answer:

38.9

Step-by-step explanation: