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Future Value At age 30 you invest $2,500 that earns 7.25 percent each year. At age 40 you invest $2,500 that earns 10.25 percent per

Future Value At age 30 you invest $2,500 that earns 7.25 percent each year. At age 40 you invest $2,500 that earns 10.25 percent per year. In which case would you have more money at age 60?

Multiple Choice

  • At age 40 invest $2,500 at 10.25 percent.

  • Both yield the same amount at age 60.

  • At age 30 invest $2,500 at 7.25 percent.

  • There is not enough information to determine which case earns the most money at age 60.

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