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12.Marge is looking to invest in a fund for her children. If Marge invests an amount equal to $65,000 today, how much will she have
12.Marge is looking to invest in a fund for her children. If Marge invests an amount equal to $65,000 today, how much will she have in the fund by the end of 6 years if she can earn interest equal to 11% rate compounded annually?
13.See question 12. If Marge could earn 10% interest instead, would she have more or less money in the savings account at the end of 6 years? No calculations needed, explain in 1-2 sentences
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