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Show all your work please to know how you got the answer Susan and Kim are twin sisters. Susan starts investing $100 a month at
Show all your work please to know how you got the answer
Susan and Kim are twin sisters. Susan starts investing $100 a month at age 25 and invests for 10 years 35 at 5% compounded monthly. Susan stops investing at age 35, and does not contribute any money for the next 30 years. Kim starts investing at age 30, $150 a month at 5% for 30 years. Now at age 65: a.) How much money has Susan deposited? b.) How much money has Kim deposited? c.) Who has saved the most money? Be sure to give the totals for both sistersStep by Step Solution
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