Nora, 25, and Woody, 23, are avid gamblers. Last year they both won sizable amounts of money (although they lost just as much, but that's not relevant for this discussion). Nora's earnings grossed $48,332.46 (after taxes, of course), while Woody came away with $18,986.20. Nora and Woody are smart enough to invest that money, though they don't have a high risk tolerance. They both have found investments that yield 5% compounded annually, and have agreed to let their money sit, without withdrawing it or adding anything to it themselves, until their 30th birthdays, meaning Nora will withdraw her money two years before Woody.
Questions for review:
1 -- Who made the better investment, Nora or Woody?
2 -- Why would two people who are only 25 and 23 be so risk-averse as to only invest at a 5% annual rate?
3 -- What does any of this have to do with the location of this cache???
