Mathematics, 02.02.2022 04:50 supervirzaofficial
Ronisha invests $5000 in an account that earns 2.3% annual simple interest. After 3 years, Ronisha invests the interest earned in a second account. This account earns 3.2% annual interest. Ronisha leaves the money in this account until she has earned $55.20 in interest.
Ronisha does not deposit or withdraw any money from the accounts.
How long does Ronisha invest money into the second account?
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Ronisha invests $5000 in an account that earns 2.3% annual simple interest. After 3 years, Ronisha i...
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