subject
Mathematics, 06.05.2020 21:26 Madisonaubrey22

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
72
6% interest compounded annually. Using the rule of 72, who will win, and how many years will it take to double his
money?
O
O
O
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.
Save and Exit
Next
Submit
Mark this and return

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 14:10
What is the factored form of x2 − 4x − 5? (x + 5)(x − 1) (x + 5)(x + 1) (x − 5)(x − 1) (x − 5)(x + 1)
Answers: 2
question
Mathematics, 21.06.2019 17:30
Find and simplify an expression for the area of five rows of x squares with side lengths of x centimeters.
Answers: 3
question
Mathematics, 21.06.2019 17:30
If the class was going to get a class pet and 5 picked fish and 7 pick bird and 8 picked rabbits have many students were in the
Answers: 1
question
Mathematics, 21.06.2019 18:00
Aman is 6 feet 3 inches tall. the top of his shadow touches a fire hydrant that is 13 feet 6 inches away. what is the angle of elevation from the base of the fire hydrant to the top of the man's head?
Answers: 2
You know the right answer?
Ted and Alan are in a race to double their money. Ted feels he will win if he puts his $4,000 into a...
Questions
question
Mathematics, 08.09.2021 03:10
question
Physics, 08.09.2021 03:10
question
Mathematics, 08.09.2021 03:10
question
Mathematics, 08.09.2021 03:20
question
Mathematics, 08.09.2021 03:20
question
English, 08.09.2021 03:20
Questions on the website: 13722366