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Mary waits ten years and then invests 2000 per year for the

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Twins Barbara and Mary are both age 22. Beginning at age 22, Barbara invests $2000 per year for eight years and then never sets aside another penny. Mary waits ten years and then invests $2000 per year for the next 30 years. Assuming they both earn 8 percent, how much will each twin have at age 65?

Reference no: EM13574747

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