Mathematics
Mathematics, 19.11.2019 09:31, mtassy85

Marsha and jan both invested money on march 1, 2007. marsha invested $5,000 at bank a where the interest was compounded quarterly. jan invested $3,000 at bank b where the interest was compounded continuously. on march 1, 2011, marsha had a balance of $6,484.65 while jan had a balance of $3,821.99. what was the interest rate at each bank? (round to the nearest tenth of a percent.)

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Marsha and jan both invested money on march 1, 2007. marsha invested $5,000 at bank a where the inte...

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