Question

In: Finance

Within the context of the example given in class, which of the following statements is not...

Within the context of the example given in class, which of the following statements is not true?

Group of answer choices

Someone who starts saving early and stops will most likely end up better off than someone who starts late.

It is better to start late than not to start at all.

Someone who starts saving late will most likely end up better off than someone who starts early and stops.

Solutions

Expert Solution

Answer:- It is better to start late than not to start at all.

Explanation:- The truth, however, is that while it's better to start early, but it's never too late to start and it is better to start late than not to start at all.


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