Question: worker a annually invests $1000 in an IRA for 9 yrs(ages 27-35) and never makes anothere contribution. Worker b annually invests $1000 in an IRA
worker a annually invests $1000 in an IRA for 9 yrs(ages 27-35) and never makes anothere contribution. Worker b annually invests $1000 in an IRA for 30 yrs(ages 36-65). Which worker will have more in his or her account when he or she retires if they both earn 8% on their investment? How much?
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