Question: Future Value Two parts. Show calculations: a: Calculate the future values of these investments at age 60 at age 60 given a 4% annual return.

Future Value

Two parts. Show calculations:

a: Calculate the future values of these investments at age 60 at age 60 given a 4% annual return.

1. Start at age 25, invest $2,000 at the end of each year

2. Start at age 35, invest $3,500 at the end of each year

b: Which option provides the greatest return; what is the additional $ return using that option?

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