$1$

You have just made your first $$5,500$ contribution to your retirement account.

Assuming you earn a return of $10$ percent per year and make no additional

$2$ 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?$)$

$($Use cells A$6$ to $B9$ from the given information to complete this question. Your

answer should be a positive value.$)$

$12$

$13$ Output area:

$14$

$15$ Future value

$16$

Future value

$17$

$18$