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1) Dan has two ideas for saving money for retirement.Both ideas have an annual return of 12%.For the first plan, Dan deposits $1200 a year

1)

Dan has two ideas for saving money for retirement.Both ideas have an annual return of 12%.For the first plan, Dan deposits $1200 a year into the Mutual Fund.For the second plan, Dan deposits $100 a month into Investments Fund.

If Dan makes this investment for 30 years, how do the results compare?

Total value of the annual investment? A

Total value of the Investments Fund? B

Increase in savings by monthly investing? B - A

2)

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