Klein Lindsey
01/08/2024 · Primary School

Trish invests \( \$ 6,000 \) in her IRA in a bond trust that pays \( 8 \% \) interest compounded semiannually. Sean invests \( \$ 6,000 \) in his IRA in a certificate of deposit that pays \( 7.9 \% \) compounded continuously. Who has more money after 20 years, Trish or Sean? After 20 years, Trish will have \( \$ \square \). (Round to the nearest cent as needed.) After 20 years, Sean will have \( \$ \square \). (Round to the nearest cent as needed.) After 20 years, \( \square \) will have more money.

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After 20 years, Sean will have more money.

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