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Alex plans to save $90 a month, starting her monthly deposits today, for 20 years. John plans to save $100 a month for 20 years,
Alex plans to save $90 a month, starting her monthly deposits today, for 20 years. John plans to save $100 a month for 20 years, starting her monthly deposits one month from today. Both Alex and John expect to earn an average annual return of 7.5 percent, compounded monthly on their savings. At the end of the 20 years, John will have approximately than Alex
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