Question: Please show work answer will be 2.325 years. Joe deposits 10 today and another 30 in five years into a fund paying simple interest of
Please show work answer will be 2.325 years.
Joe deposits 10 today and another 30 in five years into a fund paying simple interest of 11% per year Tina will make the same two deposits, but the 10 will be deposited n years from today and the 30 will be deposited 2n years from today. Tina's deposits end of 10 years, the accumulated amount of Tina's deposits equals the accumulated amount of Joe's |deposits earn an annual effective rate of 9.15%. At the Calculate n
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