You deposit $3000 into an account which earns 5.1% interest per year, compounded annually. your friend simultaneously deposits $

Question

2 years ago

13

You deposit $3000 into an account which earns 5.1% interest per year, compounded annually. your friend simultaneously deposits $

2000 into an account which earns a yearly interest rate of 7.5% compounded continuously. after how many years will both accounts have the same amount of money?

Mathematics

2 answers:

Vladimir79 [104] · Answer 1 · 2022-05-03T07:38:11+03:00

Vladimir79 [104]2 years ago

3 0

for 3000 friend it is in 2 years

Naddika [18.5K] · Answer 2 · 2022-05-03T09:20:20+03:00

Naddika [18.5K]2 years ago

3 0

Answer:

k

Step-by-step explanation:

k