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A saves $10,000 at the end of every year for 10 years. B saves $5,000 twice a year (at the end of each half year)
A saves $10,000 at the end of every year for 10 years.
B saves $5,000 twice a year (at the end of each half year) for 10 years.
If they both have a 5.5 rate of return for the 10 years, who will have a higher end balance?
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