question archive Q2) You have just made your first $4,000 contribution to your retirement account
Q2) You have just made your first $4,000 contribution to your retirement account
Subject:FinancePrice: Bought3
Q2) You have just made your first $4,000 contribution to your retirement account. Assume you earn an 11% rate of return and make no additional contributions.
vQ2-a: What will your account be worth when you retire in 45 years?
vQ2-b: What if you wait 10 years before contributing?
vQ2-c: Does this suggest an investment strategy?
