Select ALL the correct answers. Tammy deposits $1,850 in an individual retirement account earning 2.6% interest, compounded annually. She also deposits $2,015 in business
interest bearing account earning 1.5% interest, compounded annually.
Select the equation and the number of years, x, it will take for the amount of money in both accounts to be equal. Round to the nearest whole
year.
9 years
1,850(1.026)* = 2,015(1.015)
6 years
8 years
1,850(1.26)* = 2,015(1.15)
1,850(1.126) = 2,015 (1.115)