Mathematics, 18.06.2020 20:57, chonawilson4

Hector invests $800 in an account that earns 6.94% annual interest compounded semiannually. Rebecca invests $1,000 in an account that earns 5.45% annual interest
compounded monthly. Find when the value of Rebecca's investment equals the value of
Hector's investment and find the common value of the investments at that time. If
necessary, enter the year to the nearest tenth and the value to the nearest cent.
The value of Rebecca's investment equals the value of Hector's investment after
approximately
years to the nearest tenth. The common value of the investments is
approximately $

Answers: 2

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Hector invests $800 in an account that earns 6.94% annual interest compounded semiannually. Rebecca...