Question: You currently have $ 5 , 5 0 0 . First United Bank will pay you an annual interest rate of 9 , while Second

You currently have $5,500. First United Bank will pay you an annual interest rate of 9, while Second National Bank will pay you an annual interest rate of 10.1. How many fewer years must you wait for your account value to grow to $14,800 at Second National Bank?
Multiple Choice
1.20 years
1.11 years
1.35 years
1.09 years
1.44 years
 You currently have $5,500. First United Bank will pay you an

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