Posted by **Anonymous** on Sunday, September 25, 2011 at 6:18pm.

Joeli deposited $1000 on 1 January 2011 in an account paying interest of 12% p.a compounded quarterly. He also deposited $800 (on 1 January 2011) in another account which pays 15% p.a. effective interest. Find the time (n) when the two accounts will be equal value if the exact method is used for fractions of an interest period.

## Answer this Question

## Related Questions

- Finance - John deposited $1000 on 1st January 2011 in an account paying interest...
- Lat math question for some days. Can y'all help? - Huan deposited $850 into a ...
- Math - Find the future value of $800 deposited at 5% for 2 years if the account ...
- math - Huan deposited $850 into a collegesavings account earning 4.8% ...
- MATH HELP! Complex Interest - Huan deposited $850 into a collegesavings account ...
- Math - Please check my work, thank you If $7,800 is deposited into an account ...
- math - I have been staring at this problem forever, and cant seem to dig it up ...
- Algebra - Show how you substitute the values into the formula, then use your ...
- math - Choi deposited $2500 in a savings account that pays 4.75% interest ...
- math - If $7,800 is deposited into an account paying 6% interest compounded ...