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Ti me value Personal Finance Problem You can deposit $9,000 into an account paying 12% annual interest either today or exactly 5 years from today.
Ti me value Personal Finance Problem You can deposit $9,000 into an account paying 12% annual interest either today or exactly 5 years from today. How much better off will you be 30 years from now if you decide to make the initial deposit today rather than 5 years from today? The future value at the end of 30 years if you deposit $9.000 at 12% today is $. (Round to the nearest dollar.) The future value at the end of 30 years if you deposit $9.000 at 12% 5 years from today is $. (Round to the nearest dollar.) If you invest the $9,000 now instead of waiting for 5 years to make the investment, you would be better off by $. (Round to the nearest dollar.)
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