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Who will more superannuation funds available at retirement

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Reference no: EM132792816

Problem 1: Amanda and kenny both turn 35 years old today on 1 january. Amanda plans to invest $1200 each month into her superannuation fund, starting at the end of this month until her retirement. kenny intends to invest $2000 at the end of each month in his superannuation fund but he does not plan to begin investing until 10 years after amanda begins investing. both amanda and kenny will retire at the age of 75 years and their superannuation funds average 10% annual return. Who will have more superannuation funds available at retirement?

Reference no: EM132792816

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