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You have just made your first $5500 contribution to your superannuation retirement account. Assuming you earn a return of 10% per year and make no
You have just made your first $5500 contribution to your superannuation retirement account. Assuming you earn a return of 10% per year and make no additional contributions, what will your account be worth when you retire in 45 years? What if you wait for 10 years before contributing? Which option is more beneficial? Why or why not? (maximum 80 words)
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