You deposit 5000 into an account that earns 8 compounded
You deposit $5000 into an account that earns 8% compounded annually. A friend deposits $4250 into an account that earns 7.95% annual interest, compounded continuously. Will your friend's balance ever equal yours? If so, when? If not, enter NEVER
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1 johnson amp johnson was a leader in recognizing key stakeholders and in developing a credo for appropriate conduct
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you deposit 5000 into an account that earns 8 compounded annually a friend deposits 4250 into an account that earns 795
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