Question: please make a step by step solution 8000 dollars is invested in a bank account at an interest rate of 10 per cent per year,

 please make a step by step solution 8000 dollars is invested

please make a step by step solution

8000 dollars is invested in a bank account at an interest rate of 10 per cent per year, compounded continuously. Meanwhile, 19000 dollars is invested in a bank account at an interest rate of 5 percent compounded annually. To the nearest year, when will the two accounts have the same balance? The two accounts will have the same balance after years

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