Multiple Choice
You have just deposited $5,000 into an account that pays 8% after taxes. If you make no additional contributions. How much more will your account be worth when you retire in 40 years than it would be if you waited 10 years before making this deposit?
A) $728,870
B) $58,309
C) $108,623
D) $566,415
Correct Answer:
Verified
Correct Answer:
Verified
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