Finance and management topics Which case will have more money at the end of 40 years? Case.1

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Finance and management topics

Which case will have more money at the end of 40 years?

Case.1 Saving $1000 per year for 10 years starting in year 1

Case.2 Saving $1000 per year for 30 years starting in year 11

The answer is case.1

in my opinion, it doesn't make sense, so please explain it to me and it is better to have a graph as those should be exponential growth

Please follow the comment as well

Related Book For answer-question

Advanced Accounting

ISBN: 9781260247824

14th Edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

Posted Date: Jul 12, 2024 10:05 AM

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Finance and management topics Which case will have more money at the end of 40 years? Case.1

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Advanced Accounting

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