You Have Just Made Your First $5,000 Contribution to Your

question 52

Multiple Choice

You have just made your first $5,000 contribution to your retirement account.Assuming you earn a rate of return of 5 percent and make no additional contributions, what will your account be worth when you retire in 35 years? What if you wait for 5 years before contributing?

• A)$26,335.37; $23,011.60
• B)$27,311.20; $29,803.04
• C)$27,311.20; $22,614.08
• D)$27,580.08; $21,609.71
• E)$31,241.90; $32,614.08

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Definitions:

Neural Tube

An embryonic structure that develops into the brain and spinal cord.

Anencephaly

Defective development of the brain and absence of the bones of the cranium. Only a rudimentary brainstem and a trace of basal ganglia are present.

Hydrocephaly

A condition characterized by an abnormal accumulation of cerebrospinal fluid within the ventricles of the brain, leading to increased pressure.

Ventricular Enlargement

This term refers to the expansion or increase in size of the ventricles in the brain, which can be indicative of disease or damage.