3. Jane and John Doe are twins. Jane saves $10,000 per year from age 25 to 34 and nothing from age 35 onward (10 years of saving in total). John saves nothing from age 25 to 34 and $10,000 from age 35 to 64 (30 years of saving it total). a. Assume that Jane and John both earn 6.5% annual investment income. Who has more money at age 65? Jane has significantly more money due to compounding interest. How does your answer change if annual investment income is 5% or 7.5%? No matter what Jane has more than John because she started saving sooner