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At age 20 you invest $2,300 that earns 10.25 percent each year. At age 35 you invest $2,300 that earns 13.25 percent per year. In
At age 20 you invest $2,300 that earns 10.25 percent each year. At age 35 you invest $2,300 that earns 13.25 percent per year. In which case would you have more money at age 60?
a. At age 20 invest $2,300 at 10.25 percent.
b. There is not enough information to determine which case earns the most money at age 60.
c. yield the same amount at age 60.
d. At age 35 invest $2,300 at 13.25 percent.
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