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QUESTION 2 On May first, the Court of Chancery required Jarndyce and Jarndyce to deposit 75 a month for 20 years, starting immediately and continuing
QUESTION 2 On May first, the Court of Chancery required Jarndyce and Jarndyce to deposit 75 a month for 20 years, starting immediately and continuing exactly every thirty days at the beginning of each month. Alternatively, also on the first of May, Lord Somers was sentenced to deposit 80 a month also for 20 years, starting at the end of the month. Both Jarndyce's and Lord Somers' forced deposits are expected to earn the same average return of 5.5 percent APR. At the end of the 20 years, Somers' deposits will have approximately _ value than Jarndyce's. O 2,028.39 more O 2,066.67 less 2,091.50 more 2,178.14 less 2,189.12 more 10 nois
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