Jessica started saving $50 per month when he turned 18 while beth started saving $100 per month when she turned 24 both earn %6 on their money beth will have more money by the time they both reach 30

Jessica will have more money after 30 years of age.

Step-by-step explanation:

It gives an annual interest rate of 6%.

So, 0.5% will be the monthly interest rate.

Now, Jessica started saving $50 per month when he turned 18 at the monthly interest rate of 0.5% and finally after she reaches 30, the total savings will be

=

=

=

= 9860 dollars.

Now, Beth started saving $100 per month when he turned 24 at the monthly interest rate of 0.5% and finally after she reaches 30, the total savings will be

=

=

=

= 8614 dollars.

Therefore, Jessica will have more money after 30 years of age. (Answer)