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Determine+the+size+of+your+investment+account+30+years+from+now+when+you+plan+to+retire+if+you+deposit+$12,000+each+year+beginning+one+year+from+now+in+the+account+interest+at+a+rate+of+10%+per+year

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Your investment account will be worth $1980000 in 30 years (When You Plan To Retire) If you start with a $12,000 yearly deposit and the account earns after one year.

Investment accounts are a specific kind of bank account that have funds or securities deposited into them and are kept at a financial institution. Long-term growth, income, or capital preservation from the portfolio of deposited assets are the main goals of an investment account.

An asset that will eventually deliver value greater than its initial cost is considered an investment. Almost any asset can be referred to as an Investment accounts, including intangible ones like education. Investing often refers to the acquisition of stocks or bonds when discussing the stock market. These securities are intended to deliver an investor future value that outweighs their purchase price.

Learn more about Investment accounts here

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