Assume you can earn 82 per year on your investments if you


Assume you can earn 8.2% per year on your investments.

A. if you invest $180,000 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 $180,000, how much wll you have 25 years later for retirement?

C. Why is the difference so large?

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Financial Management: Assume you can earn 82 per year on your investments if you
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