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Cameron opens a checking account and a savings account at his local bank. He deposits $10,000 into his checking account and $2,000 into his savings account. He will withdraw $1,200 from his checking account each year. His savings account earns 8% interest each year. In how many years will both accounts have the same balance?

User DVarga
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1 Answer

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5 or 6 years. subtract 1200 from 10000until you get 2800
User Jeff Beck
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