4. Future Value At age 20 you invest $1,700 that earns 8.75 percent each year. At age 30 you invest $1,700 that earns 11.75 percent per year. In which case would you have more money at age 60?

Both yield the same amount at age 60.

At age 20 invest $1,700 at 8.75 percent.

At age 30 invest $1,700 at 11.75 percent.

There is not enough information to determine which case earns the most money at age 60.