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You Deposit $1,000 in a Retirement Account Today at 8

Question 264

Multiple Choice

You deposit $1,000 in a retirement account today at 8.5% interest. How much more money will you have if you leave the money invested for 40 years rather than 35 years?


A) $7,714.91
B) $7,799.08
C) $7,839.73
D) $7,846.52
E) $8753.37

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