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retirement investment advisors incorporated has just offered you an annual interest rate of 3.8 percent until you retire in 40 years. you believe that interest

retirement investment advisors incorporated has just offered you an annual interest rate of 3.8 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 4.4 percentper year one year from today. if you plan to deposit 10,000 dollars into the account either this year or next year, how much more will you have when you retire if you wait one more year to make your deposit

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