# In Problem 53, if Jack invests the same annual amount at the end of each of the next 35 years

In Problem 53, if Jack invests the same

annual amount at the end of each of

the next 35 years instead of at the beginning

of the years, how much he will receive when he retires? Explain why this amount

is greater or smaller than the result calculated in Problem 53.

Level of difficulty: Difficult