Fall07:Problem 26, Calculate how much better off Gilda would be if she invested $20,000 in this

Your investment
research has turned up an interesting mutual fund. It has had an average annual
return 0.5 percent greater than the one Gildas friend recommended (see Problem
26). For each time period from Problem 26, Calculate how much better off Gilda would
be if she invested $20,000 in this mutual fund.
Topic: Compound
Interest
Level of difficulty: Medium