1. John has $3200 monthly in extra discretionary funds that he would like to invest in his future retirement. He chooses to divide the money into two annuities of an equal amount, one is 5.2%...


1. John has $3200 monthly in extra discretionary funds that he would like to invest in his future retirement. He chooses to divide the money into two annuities of an equal amount, one is 5.2% quarterly and the other is 4.5% monthly.


a) How would the investments look like at the end of 20 years?


b)How much interest is gathered by each investment after the 20 years?



Jun 06, 2022
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