Business, 05.07.2019 19:10 h0ttmomma92002
Eleven years ago, chad invested $9,000. six years ago, allison invested $12,000. today, both chad's and allison's investments are each worth $2,400. assume that both chad and allison continue to earn their respective rates of return. which one of the following statements is correct concerning these investments?
allison has earned an average annual interest rate of 3.37 percent.
chad has earned an average annual interest rate of 6.01 percent.
three years from today, allison's investment will be worth more than chad's.
one year ago, chad's investment was worth less than allison's investment.
allison earns a higher rate of return than chad.
Answers: 2
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Eleven years ago, chad invested $9,000. six years ago, allison invested $12,000. today, both chad's...
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