Question: Two bank accounts are open at the same time. The first has a principal of $1000 in an account earning 12% compounded monthly. The second

Two bank accounts are open at the same time. The first has a principal of $1000 in an account earning 12% compounded monthly. The second has a principal of $5000 in an account earning 2% interest compounded annually. Determine the number of years, to the nearest tenth, at which the account balance will be equal

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