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Citrus2011 [14]
3 years ago
12

Martha and martin are 25-year-old twins. Martha makes $1,000 end-of-year payments into her investment portfolio for 10 years and

makes no payments after the end of the tenth year. Martin makes no payments for the first ten years, but he makes $1,000 end of year payments starting at the end of the 11th year and continuing through the end of the 40th year. Both martin and martha earn 8% on their portfolios. Who will have more money at the end of the 40th year?
Business
1 answer:
Nataliya [291]3 years ago
4 0
Martha will have more money

Martha: $145,773.31

Martin: 112,283.21
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Answer:

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Second step

Based on the information given we were told that the Seller's ownership started from January 1- June 29 which gave us 180 days, this means that we would multiply $22.466 per day by 180 days in order to know how much of the taxes will be credited to the buyer

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3 years ago
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Answer:

Answer explained below

Explanation:

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Answer:

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