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Business, 21.01.2021 22:00 chris4212

3. Assume you can earn 9% per year on your investments. a. If you invest $100,000 for retirement at age 30, how much will you have 35 years later for retirement? ( $2,041,397) b. If you wait until age 40 to invest the $100,000, how much will you have 25 years later for retirement? ( $862,308) c. Why is the difference so large?

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3. Assume you can earn 9% per year on your investments. a. If you invest $100,000 for retirement at...
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