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Molly and Vitto deposit money, how will the balances compare after a very long time? PLEASE HELP ME ASAP!!!!)';

Molly and Vitto deposit money, how will the balances compare after a very long time-example-1
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User Iveta
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2 Answers

4 votes

Answer:

The answer is A. Vitto's balance will be greater.

Explanation:

answered
User Roloc
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8.4k points
6 votes

Molly always deposit more $40 while Vitto always duplicate the money, so we can withdray 2 equations

For Molly: $ = 40.n

For Vitto: $ =
1.2^(n - 1)

where n is the month number and $ the money

So, we can say?


2^(n - 1)>40n

Look, in the 10th month, Vitto will have
2^(10 - 1)=512 while Molly will have 40.10 = 400

So, Vitto's balance will be greater after a very long time. A.

answered
User Tomasz Dziurko
by
8.0k points

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