janice plans to save $75 a month, starting today, for 20 years. Kate plans to save $80 a month for 20 years, starting one month from today. Both Janice and Kate expect to earn an average return of 5.5% on their savings. At the end of the 20 years, Kate will have approximately _____ more than Janice.

$2028.39

$2066.67

$2091.50

$2178.14

1 points