You just graduated and started your first full$-$time job! You earn $$40,000$ and at age $35$ you decide to start investing $$100$ a month toward your retirement. If you earn on average $11\mathrm{.}5\%$ annually, how much will you have in $30$ years at retirement? What did the $10$ year delay cost you in your retirement balance?

ANSWER $

ANSWER $

$10$ Year Loss in Retirement Fund

$\backslash$table$[[$Number of Years,$],[$Number of Periods$/$Near$,],[$Number of Periods,$],[$Annual Interest Rate,$],[$Interest Rate$/$Period$,],[$Payment$,],[$Present Value,$],[$Type END; $1=$ BEG$),]]$

Future Value