Question
You realize the value of saving your retirement. You believe you can earn 11.3% in a specific IRA account. If you only make one contribution
You realize the value of saving your retirement. You believe you can earn 11.3% in a specific IRA account. If you only make one contribution today of $4,500.
A. What is the value of this account when you retire in 39 years?
B. What would the value be if you waited 10 years to make the same investment? Your retirement date does not change.
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Fundamentals Of Investments Valuation And Management
Authors: Bradford D Jordan, Thomas W. Miller Jr., Steven D. Dolvin
6th Edition
0073530719, 9780073530710
