Assuming you earn a 13 percent rate of return and make no, Ask an Expert

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You have just made your first $5,000 contribution to your registered retirement savings plan (RRSP). Assuming you earn a 13 percent rate of return and make no additional contributions, what will your account be wort h when you retire in 45 years? What if you wait 10 years before contributing? describe briefly what this suggests about your investment strategy?

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