Mathematics, 19.02.2021 23:10 aidanw

When Jack turned 21, he decided to start investing $200 a month every year for nine years. At age 30, he decided to stop investing altogether. Blake started a little later, investing $200 a month every month starting at age 30, all the way until the ripe old age of 67.

Assuming that they were both amazing at investing and made 11% interest per year, how much money will they both have at age 67?
When Jack turned 21, he decided to start investing $200 a month every year for nine years. At age 30, he decided to stop investing altogether.

Blake started a little later, investing $200 a month every month starting at age 30, all the way until the ripe old age of 67.

Assuming that they were both amazing at investing and made 11% interest per year, how much money will they both have at age 67?

Also, what surprised you about this? What was important about this question?

Also, what surprised you about this? What was important about this question?

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