Question: Future Value At age 25 you invest $2,200 that earns 6.5 percent each year. At age 40 you invest $2,200 that earns 9.5 percent per year. In which case would you have more money at age 60?
a) At age 25 invest $2,200 at 6.5 percent.
b) Both yield the same amount at age 60.
c) At age 40 invest $2,200 at 9.5 percent.
d) There is not enough information to determine which case earns the most money at age 60.