hey2000

14.05.2021 • 

Business

1) Jamal and Tamika want to start savings plans. Jamal opens an account at age 20. He invests $10,000 at 5% interest, compounded yearly. Tamika waits to open a similar account until she is 35. She also invests $10,000 compounded yearly. Neither adds any more to the account over the years. When they each turn 45, the amount in their accounts has grown. Jamal has 33,863.55 in his account. Tamika has 16,288.95. Explain why their account balance is so different.

Ответ:

bri663

25.11.2022

Business

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I think the correct answer would be adjustments in life roles. This causes for one to adjust or change totally his/her career or lifestyle since the present is not beneficial to the life role he is at. For instance, you became a mother you would of course stop going to malls and enjoying life outside. YOu would be staying at home taking care of your child.

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