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7 April, 20:49

Juana invests $1,500 in an account accumulating 3% interest according to the equation, where v represents the value of the account after y years. Marquez and Calvin invest the same amount of money at the same rate. Marquez invests three years before Juana, and Calvin invests two years after Juana. By what factor would Calvin's investment need to be increased to equal Marquez's investment at any time after Calvin's investment is made?

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  1. 7 April, 20:52
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    So you have to find the unit rate like. 1,5000/3%=0.045 which is 45.00 I. guess
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