Question:

Twins graduate from college together and start their careers

Last updated: 4/11/2023

Twins graduate from college together and start their careers

Twins graduate from college together and start their careers Twin 1 invests 2000 at the end of each year for 10 years only until age 33 in an account that earns 6 compounded annually Suppose that twin 2 waits until turning 40 to begin Investing How much must twin 2 put aside at the end of each year for the next 25 years in an account that earns 6 compounded annually in order to have the same amount as twin 1 at the end of these 25 years when they turn 65 Round your answer to the nearest cent