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Snowcat [4.5K]
3 years ago
10

You deposit $2000 in Account A, which pays 2.25% annual interest compounded monthly. You deposit another $2000 in Account B, whi

ch pays 3% annual interest compounded monthly. When is the sum of the balance in both accounts at least $5000?
Mathematics
1 answer:
Romashka [77]3 years ago
7 0
The equations woould look like this 
a=2000(1+.0225/12) to the 12th power 
b=2000(1+.03/12) to the 12th power 
but i cant find the answer cuz i have no calculator sorry but i hope i still helped.
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