Cathy and her twin sister Carley both age 25 each belive they have the best savings plan. Cathy saved $5,000 as the end of each year for ten…
a. Both strategies are equal as they have equal account balances at age 65
b Cathy’s strategy is better because she has a greater account balance at age 65.
c. carleys strategy is better because she has a greater account balance at age 65
d. neither strategy is better because carley has a greater account balance but Cathy contributed less
Please explain how to work this problem hopefully in excel