Mathematics, 04.04.2020 18:25 dakshshberry
Hector invests $800 in an account that earns 6.96% annual interest compounded semiannually. Rebecca invests $1,000 in an account that earns 5.44% annual interest compounded monthly. Find when the value of Rebecca's investment equals the value of Hector's investment and find the common value of the investments at that time. If necessary, enter the year to the nearest tenth and the value to the nearest cent. The value of Rebecca's investment equals the value of Hector's investment after approximately years to the nearest tenth. The common value of the investments is approximately $ .
Answers: 1
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Hector invests $800 in an account that earns 6.96% annual interest compounded semiannually. Rebecca...
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