Question
Shirley adds $2,000 to her savings on the last day of each year. Shawn adds $2,000 to his savings on the first day of each
Shirley adds $2,000 to her savings on the last day of each year. Shawn adds $2,000 to
his savings on the first day of each year. They both earn an 8 percent rate of return.
What is the difference in their savings account balances at the end of 35 years?
A) $26,801.89
B) $26,882.60
C) $27,570.69
D) $27,432.74
E) $29,776.34
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The Legal Environment Today Summarized Case Edition
Authors: Roger LeRoy Miller
8th Edition
130526276X, 978-1305279407, 1305279409, 978-1305704930, 1305704932, 978-1305262768
