Question: Saving for retirement when you're younger is always difficult, since you don't usually have the money to invest. If you can invest at an interest

Saving for retirement when you're younger is always difficult, since you don't usually have the money to invest. If you can invest at an interest rate of 8% compounded annually, which situation would be better:

(1) invest $250 now,

(2) invest $350 at the end of next year, or

(3) $250 dollars now and $100 next year?

Use complete sentences to make a hypothesis and then test it with some calculations.

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