The answer is 20. Multiply 5/6 by 24 to get 20.
B. y = -8(4^x) because the negative will make it reflect
16 x 5= 80. 80 divided by 2 (50 percent) is 40.
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>
