4. 18. Calculating future values [LO 5.1] You have just made your first $5 500 contribution to...
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4. 18.
Calculating future values [LO 5.1] You have just made your first $5 500 contribution to your superannuation retirement account. Assuming you earn a return of 10 per cent per year and make no additional contributions, what will your account be worth when you retire in 45 years? What if you wait 10 years before contributing? (Does this suggest an investment strategy?)
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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