Jeff has $\$ 40,000$. He placed $\$ 20,000$ in Bank 1 with an account earning $3.4 \%$ annual interest, compounded continuously. He also placed \$20,000 in Bank 2 with an account earning 3.6\% annual interest compounded weekly. After 10 years,
A) how much money is in Bank 1 ?
B) how much money is in Bank 2?

Question

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The Answer of Jeff has $\$ 40,000$. He placed $\$ 20,000$ in Bank 1 with an account earning $3.4 \%$ annual interest, compounded continuously. He also placed \$20,000 in Bank 2 with an account earning 3.6\% annual interest compounded weekly. After 10 years,
A) how much money is in Bank 1 ?
B) how much money is in Bank 2?

Jeff Has $40,000\$ 40,000$40,000 He Placed $20,000\$ 20,000$20,000 In Bank 1 with an Account Earning

Jeff Has $\$ 40,000$ He Placed $\$ 20,000$ In Bank 1 with an Account Earning