Question

You deposit $2000 in Account A, which pays 2.25% annual interest compounded monthly. You deposit another $2000 in Account B, which pays 3% annual interest compounded monthly. When is the sum of the balance in both accounts at least $5000?

Answer 1

the equations woould look like this
a=2000(1+.0225/12) to the 12th power
b=2000(1+.03/12) to the 12th power
but i cant find the answer cuz i have no calculator sorry but i hope i still helped.