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You have two ideas for saving money for retirement. Both ideas have an annual return of 9 . 5 % . For the first plan,
You have two ideas for saving money for retirement. Both ideas have an annual return of For the first plan, you deposit $ a year into the Best Mutual Fund.For the second plan, you deposit $ a month into Super Investments Fund. If you make this investment for years, how do the results compare?
Total value of the annual investment
Total value of the Super Investments Fund
Increase in savings by monthly investing B A
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