Mathematics, 11.10.2020 22:01 g0606997
Sue plans to save $100 per month for the next 30 years to have a nest egg for retirement. Her sister, Lynn, has decided to wait and start saving $200 per month for half the time figuring she will do at least as well as her sister with this strategy. Explain why this is or is not a good strategy. You will need to make up an APR for illustrative purposes.
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Sue plans to save $100 per month for the next 30 years to have a nest egg for retirement. Her sister...
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