Question: Thomas plans to save $ 1 8 0 per month for the next 1 0 years to have a nest egg for retirement. His sister

Thomas plans to save $180 per month for the next 10 years to have a nest egg for retirement. His sister Stevie has decided to wait and start saving $360 per month for half the time figuring she will do at least as well as her brother with this strategy.
Which of the following statements are false ?(Select all options that apply. You may want to make up an APR and test the options using Excel's FV function.)
A. Thomas will have earned more interest than Stevie.
B. Stevie will have earned more interest than Thomas.
C. The ending balance on both accounts will be the same.
D. Thomas and Stevie will have invested the same amount in the end.
E. At retirement Stevie will have more money in her savings plan than Thomas, since she is investing more money each month.
Thomas plans to save $ 1 8 0 per month for the

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