1) The question screenshot has been attached down below answer ques 12 a,b step-by-steps. b) The following phrases can be used to describe the sisters investments. Use all of thephrases by placing the phrase under the correct sister's name in the following table. Useeach phrase only once to describe the sisters' investment. Include reasons for matching thephrase to that sister.......Had $2500 to invest.Invested at 8% compound interest.Invested at 8% simple interest.After 20 years the investment improved to 11% simple interest.Stored her money under the mattress for two years, then invested it.Had $5000 to invest.BethanyDana 12. Two sisters, Bethany and Dana, decide to invest for their retirement. They bothexpect to retire in 40 years. The following graph shows their investment.Total Amount of Investment (S)5000040000300002000010000The Investments of Bethany and Dana102030Time (years)DanaBethany4050a) Describe the rates of change for each person using words like increasing, constant, orzero rate of change.

Investment, in economics, refers to the allocation of financial resources with the aim of generating…

12. Two sisters, Bethany and Dana, decide to invest for their retirement. They both expect to retire in 40 years. The following graph shows their investment. ount of Investment (S) 50000 40000 30000 20000 The Investments of Bethany and Dana Bethany

12. Two sisters, Bethany and Dana, decide to invest for their retirement. They both expect to retire in 40 years. The following graph shows their investment. ount of Investment (S) 50000 40000 30000 20000 The Investments of Bethany and Dana Bethany

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

1) The question screenshot has been attached down below answer ques 12 a,b step-by-steps.

b) The following phrases can be used to describe the sisters investments. Use all of the
phrases by placing the phrase under the correct sister's name in the following table. Use
each phrase only once to describe the sisters' investment. Include reasons for matching the
phrase to that sister.
.
.
.
.
.
.
Had $2500 to invest.
Invested at 8% compound interest.
Invested at 8% simple interest.
After 20 years the investment improved to 11% simple interest.
Stored her money under the mattress for two years, then invested it.
Had $5000 to invest.
Bethany
Dana

12. Two sisters, Bethany and Dana, decide to invest for their retirement. They both
expect to retire in 40 years. The following graph shows their investment.
Total Amount of Investment (S)
50000
40000
30000
20000
10000
The Investments of Bethany and Dana
10
20
30
Time (years)
Dana
Bethany
40
50
a) Describe the rates of change for each person using words like increasing, constant, or
zero rate of change.

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