Al,Ralph,and Stan are all intending to retire.Each currently has $1 million in assets.Al will earn 16% interest and retire in two years.Ralph will earn 8% interest and retire in four years.Stan will earn 4% interest and retire in eight years.Who will have the most dollars when he retires?
A)Al
B)Ralph
C)Stan
D)They all retire with the same amount.

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The Answer of Al,Ralph,and Stan are all intending to retire.Each currently has $1 million in assets.Al will earn 16% interest and retire in two years.Ralph will earn 8% interest and retire in four years.Stan will earn 4% interest and retire in eight years.Who will have the most dollars when he retires?
A)Al
B)Ralph
C)Stan
D)They all retire with the same amount.

Al,Ralph,and Stan Are All Intending to Retire