Multiple Choice
You are deciding whether to start a 40-year retirement investing plan now,or ten years from now.You think rates of return will be about the same in the future as they are now.Discussion in the text of this decision shows
A) very little difference in the future value of an investment made now versus one made 10 years from now.
B) an investment made now will accumulate about 20% more (at a 10% rate of interest,compounded annually) than the investment made later.
C) the same facts as in response b,but the accumulation is only 10% greater.
D) that you will accumulate more in the additional 10 years than you do for the first 30 years.
Correct Answer:
Verified
Correct Answer:
Verified
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