Many IRA Fund Managers Argue That Investors Should Invest at the Beginning

question 40

Multiple Choice

Many IRA fund managers argue that investors should invest at the beginning of the year rather than at the end. What is the difference to an investor who invests $2,000 per year at 11 percent over a 30-year period?

• A) $43,785
• B) $36,189
• C) $54,244
• D) There is no difference

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Definitions:

Home-Based Business

A business operation that is conducted primarily from the owner's home, often characterized by lower overhead costs and flexible working hours.

Lower Costs

Reduction in the expenditure or price associated with purchasing or producing something.

Greater Visibility

Increased awareness or recognition, often referring to a company's brand, products, or services in the marketplace or amongst consumers.

Isolation

The process or state of being separated from others, which can refer to physical, social, or emotional distancing.