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>
9>n>17
it means that n can be whatever number between 9 and 17
Answer:
10^3
Step-by-step explanation:
15-12=3
10^3
Answer:
Step-by-step explanation:
