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Question 5) You have just made your first 58,000 contribution to your IRA. Assuming you earn a 12 percent rate of return and make no

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Question 5) You have just made your first 58,000 contribution to your IRA. Assuming you earn a 12 percent rate of return and make no additional contributions, what will your account be worth when you retire in 40 years? What if you wait 20 years before contributing? Does this suggest an investment strategy

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