Ted and Alan are in a race to double their money. Ted feels he will win if he puts his $4,000 into a savings account offering 4.
5% interest compounded annually. Alan feels he will win because he intends to put his $1,000 into a savings account offering 6%
interest compounded annually. Using the rule of 72, who will win, and how many years will it take to double his money?
Alan will win. It will take 16 years.
Alan will win. It will take 12 years.
Ted will win. It will take 12 years.
Ted will win. It will take 16 years.
Now if the lemonade is 1.50 he can only buy two because the total amount is 8.30 so it will be 3.00 and the amount left will be 5.00 and you can only buy one cupcake so you will buy two lemonades one cupcake
