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2 answers:
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Answer:
Step-by-step explanation:
Exponential equations have the form of a geometric sequence
Income of the first account after x years:
Income of the second account after x years:
Equating the above tw values we get the equation:
Solving the above equation for x:
Answer 8 years.
Income of the second account after x years:
Equating the above tw values we get the equation:
Solving the above equation for x:
Answer 8 years.