Mathematics, 10.06.2021 04:00 cheergirl2133

Billy Rich and Michael Million are two very wealthy, elderly men. Since neither of them have any heirs, they decide to give away all but $1 of their fortune before they die. Billy Rich has $1,340,000 and is giving 1 /3 of his remaining money away each year. Michael Million has $980,000 and is giving away 1 /4 of his money away each year. (5 points) a) Write a model for each of these situations. How many years will it take each of them to have less than $1 remaining in their fortune? Explain how you figured out the number of years for each man.

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Billy Rich and Michael Million are two very wealthy, elderly men. Since neither of them have any hei...