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Duplicate of Wise Pre-Test Part One Flashcards | StudBud
Duplicate of Wise Pre-Test Part One
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Why would Investing 3% of $31,000 at 25 & 50 to invest 3% of $55,000 each year have more. Why?
A
Investments provided to a 25 yo are better than the 50 yo.
B
Because of inflation
C
The 25 year old invested money has had a longer time to grow
D
The interest rate earned by a 25 year old is greater
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