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Allison and Leslie, who are twins, just received $ 1 0 , 0 0 0 each for their 2 5 th birthday. They both aspire

Allison and Leslie, who are twins, just received $10,000 each for their 25 th birthday. They both aspire to become millionaires. Each plan to make a $5,000 annual contribution to her "early retirement fund" on her birthday, beginning a year from today. Allison opened an account with the Safety-First Bond Fund, a mutual fund that invests in high-quality bonds whose investors have earned 8% per year in the past. Leslie invested in the New Issue Bio-Tech Fund, which invests in small, newly issued bio-tech stocks and whose investors have earned an average of 13% per year in the fund's relatively short history.
If the two women's funds earn the same returns in the future as in the past, how old will each be when she becomes a millionaire?
Allison will be 59.89 years old and Leslie will be 50.08 years old
Allison will be 63.34 years old and Leslie will be 52.48 years old
Leslie will be 51.63 years old and Allison will be 58.34 years old
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