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From age 2 0 to 4 0 , Juan invests $ 1 0 0 per month in an annuity that pays a 6 % interest
From age to Juan invests $ per month in an
annuity that pays a interest rate compounded monthly.
Determine the accumulated amount in Juan's annuity after
years.
At age Juan stops making monthly payments into his
annuity, but he keeps it in an account with an interest rate
of compounded monthly. Determine the amount Juan
has in his account years later when he retires at age
From age to Sarah invests $ per month in an
annuity that pays a interest rate compounded monthly.
Determine the accumulated amount in Sarah's annuity
after years.
Determine the total amount Juan invested during the
years from age to
Determine the total amount Sarah invested during the
years from age to
Which investor has more money from the investments
described here upon retirement? What have you learned in
this discussion about investing?
Discussion Directions:
From age to Juan invests $ per month in an
annuity that pays a interest rate compounded monthly.
Determine the accumulated amount in Juan's annuity after
years.
At age Juan stops making monthly payments into his
annuity, but he keeps it in an account with an interest rate
of compounded monthly. Determine the amount Juan
has in his account years later when he retires at age
From age to Sarah invests $ per month in an
annuity that pays a interest rate compounded monthly.
Determine the accumulated amount in Sarah's annuity
after years.
Determine the total amount Juan invested during the
years from age to
Determine the total amount Sarah invested during the
years from age to
Which investor has more money from the investments
described here upon retirement? What have you learned in
this discussion about investing?
Discussion Directions:
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