You have just made your first $$3,500$ contribution to your retirement account. Assume you earn a return of$8$ percent and make no additional contributions.

A$)$ What will your account be worth when you retire in $40$ years?

$$76,035\mathrm{.}83$

$$4,710\mathrm{.}76$

$$79,837\mathrm{.}62$

$$79,077\mathrm{.}26$

B$)$ What will your account be worth if you wait $5$ years before contributing?

$51,748\mathrm{.}71$

$$5,142\mathrm{.}65$

$$54,336\mathrm{.}14$

$$53,818\mathrm{.}65$