Question: Time value Personal Finance Problem You can deposit $6,000 into an account paying 14% annual interest either today or exactly 5 years from today. How

 Time value Personal Finance Problem You can deposit $6,000 into an

Time value Personal Finance Problem You can deposit $6,000 into an account paying 14% annual interest either today or exactly 5 years from today. How much better off will you be 25 years from now if you decide to make the initial deposit today rather than 5 years from today? .. .. The future value at the end of 25 years if you deposit $6,000 at 14% today is $ (Round to the nearest dollar.) The future value at the end of 25 years if you deposit $6,000 at 14% 5 years from today is $ (Round to the nearest dollar.) f you invest the $6,000 now instead of waiting for 5 years to make the investment, you would be better off by $ (Round to the nearest dollar.)

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