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Jamar has invested $ 300 in an annuity each month, earning 5.5 % interest for 30 years. Beth has invested $ 600 in an annuity
Jamar has invested $ 300 in an annuity each month, earning 5.5 % interest for 30 years. Beth has invested $ 600 in an annuity each month, earning 5.5 % interest for 15 years. Which of the following must be true? Select the correct answer below: Beth earned more interest. Jamar's total deposit amount is half as much as Beth's total deposit. Jamar and Beth will have the same balance at the end. Jamar's ending account balance is higher than Beth's ending balance
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