Question

10. Christina and Dasha are twins. They each invest $5000 on their 14th birthday. Christina invests in a plan with interest at 8% per year, compounded semi-annually. Dasha invests in

a plan with interest at 5.5% per year,compounded quarterly. They both take their investments out on their 18th birthday. Which twin earned more interest? How much greater was her investment? [7A] Therefore,will have earned $more for her investment.

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