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You plan to retire in 23 years. You are debating whether to deposit $67,372 into an account earning 5 percent annually today or waiting 12

You plan to retire in 23 years. You are debating whether to deposit $67,372 into an account earning 5 percent annually today or waiting 12 years before making the deposit. How much more will be in the account when you retire in 23 years if you make the deposit today as opposed to waiting 12 years to make the first deposit?

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