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Problem 2 (25 Marks) You have just made AED10,000 in your retirement account. Assuming you earn a 12 percent rate of return and make no

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Problem 2 (25 Marks) You have just made AED10,000 in your retirement account. Assuming you earn a 12 percent rate of return and make no additional contributions. a) What will your account be worth when you retire in 45 years? (9 marks) b) What if you wait 10 years before contributing? (8 marks) c) Recommend an investment strategy (8 marks)

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