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Ten years ago, Halley invested $1,000 and locked in a 9 percent annual rate for 30 years (end 20 years from now). Aidan can make

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Ten years ago, Halley invested $1,000 and locked in a 9 percent annual rate for 30 years (end 20 years from now). Aidan can make a 20-year investment today and lock in an 8 percent rate. How much money should he invest now in order to have the same amount of money in 20 years as Hailey? Multiple Choice $1,589.03 $2,846.56 $3109.48 $2,109.73

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