Question: Question4 20 points Save Answer Ethan and Ethyl each have $6.300 to invest. Ethan puts his money in a savings account earning 2% APR. Ethyl
Question4 20 points Save Answer Ethan and Ethyl each have $6.300 to invest. Ethan puts his money in a savings account earning 2% APR. Ethyl puts her money in an aggressive growth mutual fund and earns 9% APR average. After 27 years of monthly compounding, Ethan and Ethyl compare thier accounts. Who has more and by how much? O Ethan owes Ethyl $60.109 Ethyl has $60,109.05 more than Ethan O Ethan has $60,109.05 more than Ethyl O Ethan has $60.109 Ethyl has $60.109
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