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You made your first $1,500 contribution to your retirement account. You earn 10% rate of return & no additional contributions. Required: (a) What will your
You made your first $1,500 contribution to your retirement account. You earn 10% rate of return & no additional contributions. |
Required: | |
(a) | What will your account be worth when you retire in 30 years? |
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(b) | What will your account be worth if you wait 7 years before contributing? |
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