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Question) Who will have a greater accumulated sum in their superannuation fund at retirement and what will their balance be? William, who contributes $980 per
Question) "Who will have a greater accumulated sum in their superannuation fund at retirement and what will their balance be? William, who contributes $980 per half year for 26 years and earns (after fees) 6.50% pa compounding semi-annually, or Thomas, who contributes $480 per quarter for 26 years and earns (after fees) an average of 6.40% pa compounding quarterly." a. "William with $128,930" b. "William with $50,960" c. "Thomas with $126,339" d. "Thomas with $49,920" e. They both end up with the same amount
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