A principal of $3500 is deposited in Account #1 at 7% per

Chapter 5, Problem 15

(choose chapter or problem)

A principal of $3500 is deposited in Account #1 at 7% per annum, compounded continuously. At the same time, another principal of $3500 is deposited in Account #2 at 7% per annum, compounded semiannually. Use a graphing utility to determine how long it will take until the amount in Account #1 exceeds that in Account #2 by (at least) $200. (Follow the method of Example 6).

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