Susan invested $50,000 and Bill invested $150,000. Why did Susan have a higher balance at the age of 65?

Question

06-01-2022
Business

Answered

Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Susan invested $50,000 and Bill invested $150,000. Why did Susan have a higher balance at the age of 65?

Sagot :

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.

A rectangular park 60m long and 40m broad is surrounded by a path of 4m. Then the area of path will be:

15,60,240,... Find the 6th term .

9. Identify the vertex of the graph. Tell whether it is a minimum or maximum. A. (–2, 1); minimum B. (–2, 1); maximum C. (1, –2); minimum D. (1, –2); maximum

To what extent do you think Adam Smith's analysis reflected the experiences of his own times, and to what extent did they represent universally valid observatio

Please help me! with this!

Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retai

25/24 as a decimal and round it to the nearest hundredth

You’ve received a call that there is a tornado in the immediate vicinity. You have about 15 minutes until the direct path of the tornado will most likely go rig

ummm I’m so bad at math lol

Study the particle below carefully and answerthe questions that followed.a)ldentify the particle.b)Write the electronic configuration of theparticle.c)State i.

Tundexi Tundexi · Answer 1 · 2022-01-18T04:49:56-05:00

The reason Susan had a higher balance at the age of 65 is because she invested earlier than Bill.

What is an Investment?

An investment refers to an act of dedicating an asset for the hope of attaining an increase in value over a period of time.

In this case, even with lower investment value, Susan will be able to have higher balance because she invested for longer period than Bills.

In conclusion, Susan had a higher balance at the age of 65 is because she invested earlier than Bill.

Sagot :

What is an Investment?

Other Questions