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02-04-2024
Mathematics

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Trish invests $5,000 in her IRA in a bond trust that pays 12% interest compounded semiannually.
Sean invests $5,000 in his IRA in a certificate of deposit that pays 11.6% compounded continuously.
Who has more money after 20 years, Trish or Sean?
After 20 years, Trish will have $ (Round to the nearest cent as needed.)

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