Chloe plans to save $250 a quarter, starting immediately, for 20 years. Lynn plans to save $250 a quarter for 20 years, starting three months from today. Both Chloe & Lynn will earn a return of 5.5% APR on their savings. At the end of the 20 years, how much more will either Chloe or Lynn have?

Answer rating: 100% (QA)

PMT 250 Number of Periods 204 80 Rate per quarter 554 The F... View the full answer