When will account y have 1.5 times the accumulated value

Reference no: EM133577801

Question: Account X starts now with $100 and pays 4% interest. After 2 years an additional $25 is deposited in account X. Account Y is opened 1 year from now with a deposit of $95 and pays 8% per year. When (in years and days) will account Y have 1.5 times the accumulated value of account X?

Reference no: EM133577801

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