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Assume you can earn 8.2% per year on your investments. A. if you invest $180,000 for retirment at age 30, how much will you have
Assume you can earn 8.2% per year on your investments.
A. if you invest $180,000 for retirment at age 30, how much will you have 35 years later for retirement?
B. If you wait until age 40 to invest the $180,000, how much wll you have 25 years later for retirement?
C. Why is the difference so large?
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