Suppose that Sam invests $5000 at the beginning of each

Suppose that Sam invests $5000 at the beginning of each gear for 25 years to an RRSP that earns 6% compounded annually. Monika makes exactly the same contributions for the same amount of time, but her RRSP earns only 4% compounded annually. How much less does Monika have than Sam at the end of the 25 years?

Answer:

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