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10. Duncan and Feyd start investing at the same time. Duncan makes payments of $40 at the end of each week into an investment

10. Duncan and Feyd start investing at the same time. Duncan makes payments of $40 at the end of each week into an investment that earns 5.25%, compounded weekly. Feyd makes a single investment into an account that also earns 5.25% but it is compounded annually. After 3 years, they have the same amount in their account. Is this possible? Show your calculations. (5 marks) PV Duncan PMT FV RATE PERIOD PAYMENT FREQUENCY COMPOUNDING Feyd

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