Question: Help with 1 & 2 Shoeless Joe Jackson saved for retirement by depositing $600 every six months into an account that paid him 12% interest

Help with 1 & 2

Shoeless Joe Jackson saved for retirement by depositing $600 every six months into an account that paid him 12% interest (APR) compounded quarterly. He did this for 35 years. How much would his retirement nest egg be? Would you be happy with this amount? Spud Webb heard about Shoeless Joe's plan and is starting to do something similar. He is planning on depositing $1000 every quarter into his account that pays 10% interest compounded every six months. What is the present worth of his plan if he does this for 20 years

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