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You are planning to invest $ 5 , 0 0 0 in an account earning 1 0 % per year for retirement. a . If

You are planning to invest $ 5,000 in an account earning 10% per year for retirement.
a. If you put the $ 5,000 in an account at age23, and withdraw it 42 years later, how much will you have?
b. If you wait 10 years before making the deposit, so that it stays in the account for only 32years, how much will you have at the end?

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