Assume you can earn 9.4% per year on your investments. a. If you invest $100,000 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 $100,000, how much will you have 25 years later for retirement? c. Why is the difference so large? a. If you invest $100,000 for retirement at age 30, how much will you have 35 years later for retirement? The future value is $ (Round to the nearest dollar.) b. If you wait until age 40 to invest the $100,000, 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.