Can you help me with this problem please and thank you Use the IonownngçontinuosIY.sonhSuppose you received $3500 in student loans on September 1 each year for three years at HTC,beginning in year 2018. The loans have an interest rate of 6.8% with interest compounded daily.Interest starts accruing on the day you receive the funds.**Remember this is three separate loans you need to calculate**wodeAlso, when you graduate, you will receive access to a savings account that relatives started for youyears ago. This account pays interest of 6.75% compounded monthly. 4) How many years ago did your relatives start that savings account if the original starting principleamount has tripled by the time you received the gift? (State your answer in years and months format,rounding to the nearest month.)Hint: You will need to use the Change of Base property: log, M =log, Mlog, b

Name: Can you help me with this problem please and thank you Use the Ionownn
Uploaded: 2024-03-20T07:07:37.000Z
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Description: Can you help me with this problem please and thank you Use the IonownngçontinuosIY.sonhSuppose you received $3500 in student loans on September 1 each year for three years at HTC,beginning in year 2018. The loans have an interest rate of 6.8% with in