Account A and B each start out with $500. If Account A earns $50 each year and Account B earns 6% of its value each year, after how many years will Account B have more money than Account A? If necessary, round your answer to the nearest year. After about |years Account B will have more money than Account A.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter1: Fundamental Concepts Of Algebra
Section: Chapter Questions
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Account A and B each start out with $500. If Account A earns $50 each year and Account B earns 6% of
its value each year, after how many years will Account B have more money than Account A? If necessary,
round your answer to the nearest year.
After about
|years Account B will have more money than Account A.
Transcribed Image Text:1 2 3 4 Question Account A and B each start out with $500. If Account A earns $50 each year and Account B earns 6% of its value each year, after how many years will Account B have more money than Account A? If necessary, round your answer to the nearest year. After about |years Account B will have more money than Account A.
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