Help please! How would i solve this?

B is correct

Step-by-step explanation:

What is need to be done here is to set up an exponential equation for both scenario.

The exponential equation to set up is as follows;

V = P(1 + r)^t

It looks exactly like an equation used to get the amount on a compound interest after a stipulated number of years.

We have the following definitions;

V is the future value.

P is the present value

r is the rate in percentage

t is the time in years

So, for A, we have;

Kindly note that 4% = 4/100 = 0.04

110,000(1+0.04)^t = 110,000(1.04)^t

For B, we have;

6/100 = 0.06

100,000(1+0.06)^t = 100,000(1.06)^t

Now expected value of B is twice that of A.

The equation that defines this would look like;

100,000(1.06)^t = 2(110,000(1.04)^t)

yes

step-by-step explanation:

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