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You have just made your first $5,700 contribution to your retirement account. Assume you earn a return of 13 percent per year and make no

You have just made your first $5,700 contribution to your retirement account. Assume you earn a return of 13 percent per year and make no additional contributions.

What will your account be worth when you retire in 38 years?

What if you wait 10 years before contributing?

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