invest

$1,000

in an account earning

11%

per year for retirement.\ b. If you put the

$1,000

in an account at age 23 , and withdraw it 40 years later, how much will you have? have at the end?\ a. If you put the

$1,000

in an account at age 23 , and withdraw it 40 years later, how much will you have?\ In 40 years you would have

$

\ (Round to the nearest cent)\ b. If you wait 10 years before making the deposit, so that it stays in the account for only 30 years, how much will you have at the end?\ In 30 years you would have

$

(Round to the nearest cent.)

account earning 11% per year for retirement. a. If you put the $1,000 in an account at age 23 , and withdraw it 40 years later, how much will you have? b. If you wait 10 years before making the deposit, so that it stays in the account for only 30 years, how much will you have at the end? a. If you put the $1,000 in an account at age 23 , and withdraw it 40 years later, how much will you have? In 40 years you would have $ (Round to the nearest cent) b. If you wait 10 years before making the deposit, so that it stays in the account for only 30 years, how much will you have at the end? In 30 years you would have $ (Round to the nearest cent)