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Mathematics, 24.09.2021 09:10 dari122223

Suppose you have two empty accounts, A1 andA2. Each pays 8% APR. You put $100,000intoA1 now. One year from now you start making annual deposits intoA2 of $10,000 at thebeginning of each year (thus, the first payment made at the beginning of one year from nowmeans that the first payment is actually made at the end of the first year, and so on). Afterhow many full years will the amount inA2 become greater than that inA1? Comment onthe solution same problem if the annual payments intoA2 are $7,000 instead of $10,000.

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Suppose you have two empty accounts, A1 andA2. Each pays 8% APR. You put $100,000intoA1 now. One yea...

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