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Design, Measurement and Finances 4) Both Jodi, age 50, and her daughter Linda, age 18, plan to invest $1500 in an account with an annual

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Design, Measurement and Finances 4) Both Jodi, age 50, and her daughter Linda, age 18, plan to invest $1500 in an account with an annual interest rate of 7.25%, compounded semi-monthly. If both women hold their investments until age 65, what will be the difference in the future values of their investments? (4 marks) Linda Jodi 5) Julia decides to invest $225 every month, for 30 years. Her investment rate is 2.8%, compounded monthly. How much will she have at the end of her investment? (2 marks)

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