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14 Jul 2020
Harry wishes to invest $2800 into a savings account at his bank.His bank offers an interest rate of 5.96%, coumpounded semi annually. Harry's friend Ida invest $2000 into a savings account at her bank. The bank offers her an interest of 7%, compounded semi annually. After how many years will Ida's investment be worth as much as Harry's?
Harry wishes to invest $2800 into a savings account at his bank.His bank offers an interest rate of 5.96%, coumpounded semi annually. Harry's friend Ida invest $2000 into a savings account at her bank. The bank offers her an interest of 7%, compounded semi annually. After how many years will Ida's investment be worth as much as Harry's?
Rozen MaderaLv8
10 Feb 2021