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you have just made your first $2 000.00 contribution to your individual retirement account. Assuming you earn a 10% annual rate of return( compounded monthly)

you have just made your first $2 000.00 contribution to your individual retirement account. Assuming you earn a 10% annual rate of return( compounded monthly) and make no additional contribution, what will your account be worth when you retire in 45 years? what if you wait ten years before contributing? ( Does this suggest an investment strategy?)

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