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Consider the two savings plans below. Compare the balances in each plan after 9 years. Which person deposited more money in the plan? Which of
Consider the two savings plans below. Compare the balances in each plan after years. Which person deposited more money in the plan? Which of the two investment strategies is better?
Juan deposits $ per month in an account with an APR of while Maria deposits $ at the end of each year in an account with an APR of
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The balance in Juans saving plan after years was $
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Do not round until the final answer. Then round to the nearest cent as needed.
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