Two twin brothers have jobs and want to save for retirement. Bill starts at 25...

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Accounting

Two twin brothers have jobs and want to save for retirement. Bill starts at 25 and goes until he is 70. He puts $1,000 each quarter into an account that pays 9% compounded quarterly. Jim does not start until 40 and so he catches up puts in $2000 each quarter until he is 70. Calculate how much each brother has when they retire

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