Ch 4 Q&P Homework 5 You have just made your first $5,000 contribution to your individual retirement account. Assume you earn an annual return of 11.25 percent and make no additional contributions. 1 a. What will your account be worth when you retire in 40 years? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16, b. What if you wait 10 years before contributing? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Pek a. Account value if you start now S b. Account value if you wait 10 years $ 355.607.40 0.00 H Frit q Help Save & Exit Submit Check my work