1) If you begin saving $2,000/year at 5% for 9 years, what will these funds grow to in this time period?

$11,970

$19,000

$22,054

$30,500

2) Investing $3,600/year for 30 years at 11% will make how much more money for you than if it were invested at 4% instead?

$389,672

$514,569

$722,459

$905,681

3) How much more at age 65 will somebody who saves $5,000/year have if they save from age 25 to 45 (20 years), than if they saved $5,000/year from age 35 to 65 (30 years), assuming they can safely get a return of 11% per year all the way to age 65 for both scenarios (which you will learn how to get later in this course!!)?

$798.452

$1,205,782

$1,593,006

$1,802,991