r4_g1
General information
Question text: | Anna and Jessica are twins. At age 20, Jessica started contributing $20 a month to a savings account. After 20 years, when she was age 40, she stopped adding to her savings but she left the money in the account. Anna didn’t start to save until she was 40. Then, she saved $20 a month until she retired 20 years later at age 60. Suppose both Anna and Jessica earned a 6% return each year on their savings. When they both retired at age 60, who had more money? Select one choice. |
Answer type: | Radio buttons |
Answer options: | 1 Anna 2 Jessica 3 They had the same amount 98 Don't know |
Label: | who earns more money |
Empty allowed: | One-time warning |
Error allowed: | Not allowed |
Multiple instances: | No |