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Two friends, Alysha and Betty, are planning for their retirement. Both are 2 0 years old and plan on retiring in 4 0 years with
Two friends, Alysha and Betty, are planning for their retirement. Both are years old and plan on retiring in years with $
each. Betty plans on making annual deposits beginning in one year total of deposits while Alysha plans on waiting and then
depositing twice as much as Betty deposits.
If both can earn percent per year, how long can Alysha wait before she has to start making her deposits? Round answer to
decimal places, eg Do not round your intermediate calculations.
Alysha can wait for
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