Mathematics, 31.01.2020 14:58 manuellopez1981
Landry is opening two savings accounts. he is opening the first account with an initial deposit of $500. the account will compound continuously each year at a rate of 3%.
he is opening the second account with an initial deposit of $300. the account will compound continuously each year at a rate of 5%.
landry would like to know how long it will take for the balance of the two accounts to be equal.
create a system of equations to model the situation above, and use it to determine if there are any solutions. if there are any solutions, determine if they are viable or not.
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