Hamed deposit R.O (? + 130) in a ?% account and compounded quarterly. At the same time Ismail deposit R.O (? + 160) in a ?% account compounded monthly. Find the time that will take for the amounts in the two accounts to be equal?

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.2: Applications Of Exponential Functions
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Hamed deposit R.O (? + 130) in a ?% account and compounded quarterly. At the same time
Ismail deposit R.O (? + 160) in a ?% account compounded monthly. Find the time that will
take for the amounts in the two accounts to be equal?

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