How much money has when ultimately retires


A. Liam decided to save $3,000 at the end of every year (for 5 years) by investing in the account which paid 10.0% compounded annually. At the end of the time he took all of accumulated money out of account and makes one-time lump sum investment into companies account which pays 9.0% compounded annually and leaves it there for the entire 37 year career. How much money John has in total when he ultimately retires?

B. Peyton, on other hand, procastinates. She builds no investments at all while in school, but makes decision to invests $3,000 at the end of every year into companies account for each of her 37 year career also. How much money she has when she ultimately retires?

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Mathematics: How much money has when ultimately retires
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