Scenario A: At age 19 you make a one-time investment of $11,000 that earns 3.0% per year;
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"Scenario A: At age 19 you make a one-time investment of $11,000 that earns 3.0% per year; Scenario B: At age 38 you make a one-time investment of $17,700 that earns 6.0% per year; Under which scenario would you have more money at age 55 and what is the dollar difference at age 55 between the two scenarios?"
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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