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Alexis is saving for retirement and wants to maximize her money. She knows the APR will be the same for both options, but she has
Alexis is saving for retirement and wants to maximize her money. She knows the APR will be the same for both options, but she has a choice of $60 a month for 30 years or $120 a month for 15 years. Which should she choose and why? Group of answer choices Unable to determine without the exact APR value. Both choices will result in the same account balance. Only a compound interest account will maximize her balance. She should choose the choice that deposits the most money each month because to get the best balance. She should choose the choice that deposits money for longer to get the best balance
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