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You have just made your first $2,000 contribution to your retirement account. Assume you earn a return of11 percent and make no additional contributions. a.

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You have just made your first $2,000 contribution to your retirement account. Assume you earn a return of11 percent and make no additional contributions. a. What will your account be worth when you retire in 30 years? $ 45,784.59 $ 2,917.96 $48,073.82 $47,615.98 $43,495.36 b. What will your account be worth if you wait 8 years before contributing? $19,867.15 $ 4,609.08 $20,860.51 $20,661.83 $18,873.79

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