Two friends want to save up to travel in a few years. Nuri invests in an account that earns a rate of 10%. Alex invests in an account that earns a rate of 9%. All else equal, who will reach their goal sooner?
A. Nuri
B. Not enough information
C. Alex

Question

02-07-2024
Business

Answered

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Two friends want to save up to travel in a few years. Nuri invests in an account that earns a rate of 10%. Alex invests in an account that earns a rate of 9%. All else equal, who will reach their goal sooner?
A. Nuri
B. Not enough information
C. Alex

Sagot :

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Two friends want to save up to travel in a few years. Nuri invests in an account that earns a rate of 10%. Alex invests in an account that earns a rate of 9%. All else equal, who will reach their goal sooner?A. NuriB. Not enough informationC. Alex

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Two friends want to save up to travel in a few years. Nuri invests in an account that earns a rate of 10%. Alex invests in an account that earns a rate of 9%. All else equal, who will reach their goal sooner?
A. Nuri
B. Not enough information
C. Alex