Question: Will invests $2000 in his IRA in a bond trust that pays 9% interest compounded semiannually. His friend Henry invests $2000 in his IRA in

Will invests $2000 in his IRA in a bond trust that pays 9% interest compounded semiannually. His friend Henry invests $2000 in his IRA in a certificate of deposit that pays 8½%compounded continuously. Who has more money after 20 years, Will or Henry?

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