What will the account be worth in 20 years

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Reference no: EM13296586

A) Suppose you are in a 25 percent tax bracket and you have accumulated $100,000 in a tax-deferred account. What will the account be worth in 20 years if the rate of return remains 8 percent throughout the period? B) If the money is in a taxable account instead, what will the account be worth (same conditions as before)?

Reference no: EM13296586

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