Shahrukh Khan (SRK) and Alia Khan (AK) are twins. SRK invested $1,000 for retirement at 4% quarterly compounded interest when he was 25. AK invested $1,000 for retirement at 4% quarterly compounded interest when he was 30. Over the years, they did not make any other investments for retirement other than $1,000 mentioned above. They both retire in the same year. Who will have more money from their investment when they retire? Explain using time value of money concept or formula.