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Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 3.9 percent until you retire in 45 years. You believe that interest

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Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 3.9 percent until you retire in 45 years. You believe that interest rates will increase over the next year and you would be offered 45 percent per year one year from today. If you plan to deposR$10,500 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit? Multiple Choice . $19.690 33 Retirement Investment Advisors, Inc., has just offered you an annual interest rate of 3.9 percent until you retire in 45 years. You believe that interest rates will increase over the next year and you would be offered 45 percent per year one year from today. If you plan to deposR$10,500 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit? Multiple Choice . $19.690 33

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