List the six rights of the consumer

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1. List the six rights of the consumer and explain (in your own words) why each one is important

2. Sarah is 25 years old and she starts saving $5,500 per year in her IRA account and earns 8% annual return. How much will Sarah's savings in her retirement account grow to when she retires at the age of 65?

Now, let's say Sarah waits until the age of 45 to begin saving $5,500 in her IRA account and earns the same 8% annual return. How much will Sarah's savings in her retirement account grow to when she retires at the age of 65?

What is the important investment learning lesson here?

Reference no: EM132279535

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