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How much each twin have at 65

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Justus and Julius are twins. Beginning at age 25, Justus invests $3,000 per year for 10 years and then never sets aside another penny. Julius waits ten years (age 35) and then invests $3,000 per year for the next 30 years. Assuming they both earn 6%, how much each twin have at 65? (Hint: Use Appendixes A.1 and A.3)

Reference no: EM132376858

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