Wednesday, September 15, 2010

Answer to number ten!

We are not too sure on our math, but we believe these are the solutions to the many questions of the ever so wonderful question of number ten. (It's kind of hard)
A) In total Nick invest's $30,000.
B) Nick has $32,700 at the end of the 25 year investment period.
C) Nick has 35,900 at the age of 55.
D) Rey invest's $120,000 in total.
E) Rey has $1,452,000 at the age of 55.
F) Rey ended up with alot more money but this is because he gave more money for almost the same amount of time. If he had given more money for way less time, then he would have had way less money.

No comments:

Post a Comment