Question: thank you for the hell in advance Time value Personal Finance Problem. You can deposit $11,000 into an account paying 13% annual interest either today

thank you for the hell in advance

Time value Personal Finance Problem. You can deposit $11,000 into an account paying 13% annual interest either today or exactly 5 years from today. How much better off will you be 40 years from now if you decide to make the initial deposit today rather than 5 years from today? (Round to the nearest dollar) The future value at the end of 40 years if you deposit $11,000 at 13% today is s

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