Question: You have just made your first $ 4 , 0 0 0 contribution to your individual retirement account. Assume you earn an annual return of

You have just made your first $4,000 contribution to your individual retirement account. Assume you earn an annual return of 10.75
percent and make no additional contributions.
a. Account value if you start now
b. Account value if you wait 10 years
You have just made your first $4,000 contribution to your individual

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