Question: Consider the two savings plans below. Compare the balances in each plan after 13 years. Which person deposited more money in the plan? Which of
Consider the two savings plans below. Compare the balances in each plan after 13 years. Which person deposited more money in the plan? Which of the two investment strategies is better? Yolanda deposits $300 per month in an account with an APR of 3 %, while Zach deposits $3600 at the end of each year in an account with an APR of 3 % The balance in Yolanda's saving plan after 13 years was $ (Round the final answer to the nearest cent as needed. Round all intermediate values to seven decimal places as needed.) The balance in Zach's saving plan after 13 years was $ (Round the final answer to the nearest cent as needed. Round all intermediate values to seven decimal places as needed) Which person deposited more money in the plan? OA They deposited the same amount of money in their savings plans OB. Zach deposited more money in Nis savings plan OC. Yolanda deposited more money in her savings plan Which of the two investment strategies was beter? OA. Yolanda's investment strategy was better because she had a larger accumulated savings plan balance after 13 years OB Zach's investment strategy was beter because he had a langer accumulated savings plan balance ater 13 years OC. Neither plan was better than the elther because both plans yield the same accumulated savings plan balance afer 13 years
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