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Jessica and Mai both turn 35 years old today on jan 1. Jessica plans to invest $1000 each month into her superannuation fund starting at
Jessica and Mai both turn 35 years old today on jan 1. Jessica plans to invest $1000 each month into her superannuation fund starting at the end of this month until her retirement. Mai intends to invest $2000 at the end of each month in her superannuation fund, but she does not plan to begin investing until 10 years after Jessica begins investing. Both Jessica and Mai will retire at the age of 75 and their superannuation funds average 10% annual return.
Who will have more superannuation funds available at retirement?
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