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.

step-by-step explanation:

step-by-step explanation:

points a and b are equidistant from the desired line, so the line you find by using them will go through point r.

using points other than a and b will give the desired line only if they are equidistant from r. if they are randomly located, the perpendicular line you create will not necessarily go through point r, hence will not be a solution to the problem.

a. (14,375+570)(5.3) b. 158,417$

step-by-step explanation:

a. you are basically just setting up the equation. f= amount of debt hence 14,375. g= how much she is borrowing from her parents weekly hence 570 and t= the interest on her debt. creating the equation.

b.   14,375+570= 14,945

      14,945 x 5.3 = 79,208.5

      79,208.5 x 2(years) = 158,417(answer)