Jordan and Jeremy, who are twins living in Concord, New Hamphire, took different approaches to investing. Jordan

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Jordan and Jeremy, who are twins living in Concord, New Hamphire, took different approaches to investing. Jordan saved $2,000 per year for ten years starting at age 23 and never added any more money to the account. Jeremy saved $2,000 per year for 20 years starting at age 35. Assuming that the brothers earned a 6 percent return, who had accumulated the most by the time they reached age 63? Use Appendix A-1 and Appendix A-3 or the Garman/ Forgue companion website.
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Personal Finance

ISBN: 978-1337099752

13th edition

Authors: E. Thomas Garman, Raymond E. Forgue

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