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Assume you will start on a job as soon as you graduate. You plan to start saving for your retirement when you turn 25 years old. (Assume you are 21...
d. Now assume you start investing for your retirement when you turn 30 years old and analyze the situation under rate of return assumptions of (i) 8 percent, (ii) 10 percent, and (iii) 15 percent.
e. Repeat the analysis by assuming that you start investing only when you are 35 years old.