Assume you can earn 8.7% per year on your investments a. If you invest $200,000 for retirement at age 30 how much will you have 35 years later for retirement? D b. If you wait until age 40 to invest the $200,000, how much will you have 25 years later for retirement? c. Why is the difference so large? a. If you invest $200,000 for retirement at age 30, how much will you have 35 years later for retirement? The future value is SI (Round to the nearest dollar) b. If you wait until age 40 to invest the $200,000, how much will you have 25 years later for retirement? The future value is (Round to the nearest dollar) c. Why is the difference so large? (Select from the drop-down menu.) The difference is large because the compounding effect is accentuated the the time of investment longer shorter