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i need help on a-c Allison and Leslie, who are twins, Just received $25,000 each for their 23 th birthday. They both have aspirations to

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i need help on a-c
Allison and Leslie, who are twins, Just received $25,000 each for their 23 th birthday. They both have aspirations to become millionaires, Each plans to make a 35,000 annual contribution to her "early retirement fund" on her birthday, beginning a year from today. Alison opened an account with the Safety First Bond Fund, a mutual fund that invests in high-quality bonds whose investors have earned 5% per year in the past. Leslie invested in the New Issue Bio-Tech Fund, which invests in small, newly issued bio-tech stocks and whose investors have earned an average of 16% per year in the fund's relatively short history. a. If the two women's funds earn the same returns in the future as in the past, how old will each be when she becomes a millionaire? Do not round intermediate calculations. Round your answers to two decimal places. Awson: vears Leslie vears round intermedate calculations. Round your answer to the nearest cent. 1 c. Is it rational or irrational for Alsson to invest in the bond fund rather than in stocks? to have less tolerance for risk than leslie does have more tolerance for risk than Lesile does. to have more tolerance for risk than Leslie does. have less toierance for risk than Leslie does. to have abcut the same tolerance for risk than Leslie does

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