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Suppose you plan to retire in 40 years. If you make annual contributions of $19,000 into your retirement account for the first 11 years, and
Suppose you plan to retire in 40 years. If you make annual contributions of $19,000 into your retirement account for the first 11 years, and no more contributions to the account for the remaining 29 years. If the retirement account earns a fixed 9% annual interest, how much will you have at your retirement?
Question 10 options:
$3,987,245 | |
$4,008,995 | |
$4,035,545 | |
$4,061,195 | |
$4,081,595 | |
$4,104,995 |
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