Question: John and Jane are twins. Jane invests $ 5 , 0 0 0 at age 2 0 and earns 5 % EAR. John invests $

John and Jane are twins. Jane invests $5,000 at age 20 and earns 5% EAR. John invests $10,000 at
age 40 and earns 5% EAR. Assuming that John and Jane do not have any other savings, no matter
how long they live, John will never have as much money as Jane. Explain why?

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