You have just made your first 1500 contribution to your, Ask an Expert

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You have just made your first $1,500 contribution to your retirement account. Assume that you earn an 7 percent rate of return and make no additional contributions to the account.

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What will your account be worth when you retire in 45 years?

What would your account be worth in 45 years if you had waited 5 more years before contributing the $1,500?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92801336

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