Answer to Question #5874 in Action Script | Flash | Flex | ColdFusion for ibrahim

Question

Daphne invests $100 at 10% simple interest. (That is, every year, the investment earns an interest equal to 10% of the original investment). Deirdre invests 100% at 5% interest compounded annually. (That is, interest is 5% of the current balance, including previous addition of interest.) Write a program that finds how many years it takes for the value of Deirdre’s investment to exceed the value of Daphne’s investment. Also show the two values at the same time