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(Solved): Manuel invests 3000 into a savings account that accumulates interest at a nominal annual interest of ...



Manuel invests 3000 into a savings account that accumulates interest at a nominal annual interest of

6%

compounded monthly. At the same time, Celia invests 1500 into a savings account that accumulates interest continuously under the force of interest

\delta

. At the end of 10 years, the accumulated amount in Celia's account is half as large as the amount in Manuel'c



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