Olivia Stephens, a $30-$year$-$old personal loan officer at Third National Bank, understands the importance of starting early when it comes to saving for retirement. She has designated $$2,000$ per year for her retirement fund and assumes she'll retire at age $65.$

How much will she have if she invests in CDs and similar money market instruments that earn $4$ percent on average? Round your answer to the nearest dollar.

$

How much will she have if instead she invests in equities and earns $8$ percent on average? Round your answer to the nearest dollar.

$

Olivia is urging her friend, Brian Snyder, to start his plan right away because he's $40.$ What would his nest egg amount to if he invested in the same manner as Olivia and he$,$ too, retires at age $65?$ Round your answer to the nearest dollar.

Nest egg amount at $4\%$ $

Nest egg amount at $8\%$ $

Comment on your findings.