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Assume you can earn 9% per year on your investments. a. If you invest $150,000 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 $150,000, how much will you have 25 years later for retirement? c. Why is the difference so large? (Select from the drop-down menus.) The present value of your payments is the amount of the loan, so you be able to pay off the loan. The British government has a consol bond outstanding paying 300 per year forever. Assume the current interest rate is 4% per year. a. What is the value of the bond immediately after a payment is made? b. What is the value of the bond immediately before a payment is made