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Tornai 10) Assume you can earn 8.8% per year on your investments. a. If you invest $130,000 for retirement at age 30. how much will

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Tornai 10) Assume you can earn 8.8% per year on your investments. a. If you invest $130,000 for retirement at age 30. how much will you have 35 years later for retirement? b. If you wait until age 40 to invest the $130,000, how much will you have 25 years later for retirement? c. Why is the difference so large? a. If you invest $130,000 for retirement at age 30, how much will you have 35 years later for retirement? The future value is $ (Round to the nearest dollar)

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