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You have just made your first $2,000 contribution to your individual retirement account. Assuming you earn a 12% rate of return and make no additional

  1. You have just made your first $2,000 contribution to your individual retirement account.

  1. Assuming you earn a 12% rate of return and make no additional contributions, what will your account be worth when you retire in 45 years?

  1. What you if wait 10 years before contributing?

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