Time value$$Personal Finance Problem$$ You can deposit $$$$9$ comma $000$ into an account paying $6\%$ annual interest either today or exactly $5$ years from today. How much better off will you be $30$ years from now if you decide to make the initial deposit today rather than $5$ years from$$ today?

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Part $1$

The future value at the end of $30$ years if you deposit $$$$9$ comma $000$ at $6\%$ today is $$$

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