Question

Nolan begins a savings account with $100 at 2% interest according to the equation , where Vn is the value of his account after x years. Anias invests $100 at 2% interest three years after Nolan. The value of Anias’s account, Va is determined using the equation . If Anias would have invested when Nolan first invested, approximately how much money would she have needed to invest to have the same amount of money that she has three years later? $5.77 $94.00 $94.23 $106.12

Answer 1

$94.23...............