Let's suppose that we want to have Nick and Pete setup their accounts Using the exact fascination level (r) and compounding (n), and that after the same length of time (t), we want the accounts to have the exact same benefit (A). Recognize that the two variables not talked about in this state of affairs so far are the quantity Nick will set into his bank account initially (P), his current price, and the dimensions on the periodic payment of Pete's annuity (m).
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