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You plan to retire in 31 years. You are debating whether to deposit $52,681 into an account earning 7 percent annually today or waiting 10

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You plan to retire in 31 years. You are debating whether to deposit $52,681 into an account earning 7 percent annually today or waiting 10 years before making the deposit. How much more will be in the account when you retire in 31 years if you make the deposit today as opposed to waiting 10 years to make the first deposit? Round to the nearest whole number. 1

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