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You plan to retire in 24 years. You are debating whether to deposit $30,364 into an account earning 11 percent annually today or waiting 8

You plan to retire in 24 years. You are debating whether to deposit $30,364 into an account earning 11 percent annually today or waiting 8 years before making the deposit. How much more will be in the account when you retire in 24 years if you make the deposit today as opposed to waiting 8 years to make the first deposit?

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