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/ + 0.05t = (1.04)^t
+ 0.05t = (1.04)^t
February 22, 2026
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Setting \( A_A = A_B \):
1000(1 + 0.05t) = 1000(1.04)^t
Dividing both sides by 1000:
Solving numerically (logarithms or trial):
Try \( t = 8 \):
+ 0.05(8) = 1.4, \quad (1.04)^8 \approx 1.3686
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