tejinder1997 tejinder1997

19-06-2024
Mathematics

Answered

Compare the following investment options, showing all of your work:
Investment A: A monthly investment of $200 starting now and lasting for 40 years at a 9% annual interest rate, compounded monthly.
Investment B: A monthly investment of $400 starting in 20 years and lasting for 20 years at a 9% annual interest rate, compounded monthly.

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