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Sandra invested $2500 at 4% compounded continuously. At the same time, James invested at 4% compounded monthly. How long will it take for their investments to be equal in value? (10,512 months)
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Just can you tell me how to solve it out?
how much did James initially invest?
Sorry. it was 2650. I kept getting 876. But i figured out that that was in years, not months.
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