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14 help 7 You have just made your first $1,500 contribution to your retirement account. Assume you earn a return of6 percent and make no
14 help 
7 You have just made your first $1,500 contribution to your retirement account. Assume you earn a return of6 percent and make no additional contributions. a. What will your account be worth when you retire in 25 years? 56 Future value for starting now b. What will your account be worth if you wait 8 years before contributing? Future value if waiting 8 years Step by Step Solution
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Public Finance
Authors: Harvey Rosen, Ted Gayer
8th Edition
0073511285, 9780073511283
