i-Research++Growing+Your+Money+2013.rtf Tools Table Add-ons Help All changes saved in Drive Times New . : 12 1/1/20111/1/2011 1/1/2011 1/1/2011 1/1/2011 Start Date End Date Initial Deposit 1/1/2011 12/31/2040 12/31/2030 12/31/2050 12/31/2050 12/31/2030 12/31/2030 $0 12% so 12% 400 S10,000 $10,000 $25,000 $o 10% Rate of Return 10% 10% 10% Periodic Deposit 500 500 100 3,000o 800 Results: FV of Initial Deposit $0 $537,007$1,342,517 $3,162,040 $632,408 $2,278,107 $791,404 $1,397,986 $3,699,046 $1,974,925 $2,278,107 $791,404 $1,397,986 $0 S0 FV of periodic deposits Total $73,281 $379,684 $452,965 4. What did the results reveal to you? Look closely. There are correct answers to this. You are most likely to see what is important by comparing the example and situations 1 to 3. Then compare situation 4 and 5 to each other. Write a brief summary of the power of compounding and the importance of growing money over a longer period of time