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Anita, Louise, and Mary have just graduated from college and have started their first jobs. They...

Anita, Louise, and Mary have just graduated from college and have started their first jobs. They are convinced that they should each have a regular, long-term savings plan. Each one invests in an annuity.

Anita will invest $75 each month in an annuity that pays 5.7% interest compounded monthly.
Louise will invest $225 each quarter in annuity that pays 5.8% compounded quarterly.
Mary will invest $900 each year in an annuity that pays 5.9% compounded annually.

Thus, all three invest the same amount each year. Compare the value of the three annuities after 20 years. (Round your final answers to two decimal places.)

Anita     $
Louise     $
Mary     $
Math   Advanced-Math   
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