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assume you can earn 11% per year on your investments. a. if you have 60,000 for retirement at age 30, how much will you have

assume you can earn 11% per year on your investments. a. if you have 60,000 for retirement at age 30, how much will you have 35 years later for investment? b. if you wait until age 40 to invest the 60,000, how much will you have 25 years later for retirement? c. why is the difference so large

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