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Bella and Marie are twins and both of them are turning 3 0 today. Bella is hardworking and got a job immediately after graduation. As
Bella and Marie are twins and both of them are turning today. Bella is hardworking and got a job immediately after graduation. As a reward, the father began putting $ per year into a trust fund for Bella on her th birthday, and he just made the th payment into the trust today on Bella's birthday. The father will continue to put in $ per year until a th and final payment is made on Bella's th birthday. Bella's trust fund is earning per year.
The father did not do the same for Marie because she refused to look for a job after graduation and was just sitting at home over the past years. However, Marie has changed and got her first job today. So the father decided to set up a trust fund for Marie and start making his first annual deposit of $ toriay. He will continue to make the same annual deposit each year for Marie until Marie turns also, when the th and final payment will be made. The father wants both Bella and Marie to have the same retirement nest egg when they retire at but since the father start making contribution to Marie's trust fund much later, he needs to look for a trust fund that offer a higher return. What must Marie's trust fund return be in order for both Bella and Marie to have the same retirement nest egg when they turn You must show all calculation steps, providing a final answer only will not get you full marks.
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