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1. (10 points) Carloman and Charles are two brothers. Brother's finance advisor, Desiderius arranged two funds for these brothers, Fund YSDS (stands for You Shall
1. (10 points) Carloman and Charles are two brothers. Brother's finance advisor, Desiderius arranged two funds for these brothers, Fund YSDS (stands for "You Shall Die Soon) for Carloman and Fund LLTE (stands for "Long Live the Emperor) for Charles. At the beginning, both make deposits of 10,000. Fund YSDS has a compound accumulation at an annual effective interest rate of 5%, whereas Fund LLTE has a simple accumulation with a yearly effective rate of 8%. t years into the future, the forces of interest on the two funds are equal. At this time t, find the difference between funds YSDS and LLTE, specifying Carloman/YSDS or Charles/LLTE will be greater (pun intended)
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