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

You have just made your first $5,700 contribution to your retirement account. Assume you earn an 13 percent rate of return 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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