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

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11. 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?

b. If you wait until age 40 to invest the $100,000, how much will you have 25 years later for retirement?

c. Why is the difference so large?

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Fundamentals Of Corporate Finance

ISBN: 9781292018409

3rd Global Edition

Authors: Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Oct 18, 2024 02:00 PM

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

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Fundamentals Of Corporate Finance

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