Ted:
4,000 @ 4.5% interest compounded annually
Alan:
1,000 @ 6% interest compounded annually
Rule of 72: divide 72 by the compound annual interest rate
Ted: 72/4.5% = 16 years
Alan: 72/6% = 12 years
<span>Alan will win. It will take 12 years.</span>
6:18 students in Debra's class own a cellphone. Because there are 24 people in total. Minus the people who already own cellphones. Leaving 18 without cellphones. The ratio is people who have cellphones to people who do not.
24-6=18. Thus, the ratio would be 6:18
<span>Given the Keynesian equation C=A+MD, we find 10000 + (0.8 x 60000) = $58000. M is the Marginal propensity to consume, the A is the Autonomous consumption, and D is disposable income, giving Annual consumer spending as C.</span>
Hmmm A millimeter would be too big for that .
I think millionths of a meter would be about right. Micrometers.