Answered

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The sooner you start and the higher the interest rate you earn on your investments, the more money you will have when you retire.

A. True
B. False

Sagot :

GinnyAnswer

Final answer:

Starting to save early with a high interest rate leads to more retirement savings due to compound interest.


Explanation:

The statement 'The sooner you start and the higher the interest rate you earn on your investments, the more money you will have when you retire' is True. Starting to save for retirement early allows more time for compound interest to grow your savings, leading to a larger retirement fund in the future.


Learn more about Retirement Savings here:

https://brainly.com/question/37390566


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