Homework: 2-3 MyFinanceLab: Assignment: Module Two Homework Save Score: 0 of 5 pts 3 of 10 (2 complete) HW Score: 20%, 10 of 50 p Problem P3-12 (similar to) Question Help Shaylea, age 22, just started working full-time and plans to deposit $4,000 annually into an IRA earning 8 percent interest compounded annually. Deposits will be made at the end of each year. How much would she have in 20 years, 30 years, and 40 years? If she changed her investment period and instead invested $333.33 monthly and the investment also changed to monthly compounding, how much would she have after the same three time periods ? Comment on the differences over time. Click the table icon to view the future value annuity table !!! With annual investments and compounding, after 20 years, Shaylea would have $ 183048. (Round to the nearest cent.) With annual investments and compounding, after 30 years, Shaylea would have $ 453132. (Round to the nearest cent.) With annual investments and compounding, after 40 years, Shaylea would have $ 1036228. (Round to the nearest cent.) With monthly investments and monthly compounding interest after 20 years, Shaylea would have $ (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer 3 parts remaining Check Answer 3 of 10 (2 complete) * Data Table 7% 9% Compound Sum of an Annuity of $1 (FVIFA) 3% 4% 5% 6% 8% 10% 11% 12% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.030 2 .040 2.050 130 2.060 2.070 2.080 2.090 2.100 2.110 2.120 3.091 3.122 3.153 3.1843.215 3.246 3.2783 .310 3.3423 .374 4.184. 4.246 4.310 4.375 4.440 4.5064.573 4.6414.7104.779 5.309 5.416 5.526 5.637 5.751 5.8675 .9856.1056.2286.353 6.4686.633 6.802 6.975 7.153 7.3367.5237 .7167 .913 8.115 7.6627.898 8.142 8.394 8.654 8.923 19.200 9.487 9 .783 10.089 8.8929.214 9.549 9.897 10.260 10.637 1 11.028 11.436 11.859 1 2.300 10.159 10.583 11.027 11.491 11.978 12.488 13.021 13.579 14.164 14.776 11.464 12.006 12.578 13.181 13.816 14 487 15.193 15.937 16.722 17.549 12808 13.486 14.207 14.972 15.784 1116.645 17.560 18531 19.561 20.655 14.192 15.026 15.917 16.870| 17.888 18 977 20.141 21.384 22.713 24.133 15.618 16.627 17.713 18.882 || 20.141 21.495 22.953 24.523 26.212 28.029 18.292 1 9.59911 21.015 22.550 || 24 215 || 26.019 127.975 30.095 32.393 2002421,579 || 23.276 25.129 2715229.361 31.772 37.280 Print Done 3 of 10 (2 complete) i Data Table 15.917 15.618 17.086 18.599 20.157 21.762 15.026 16.627 18 292 20.024 21.825 23.698 25.645 17.713 19.599 21 579 23.657 25.840 27 671 066 29.778 31.969 16.870 18.882 21.015 23 276 25.673 28.213 30.906 33.760 36.786 39.993 43.392 46.996 50.816 54.865 79.058 154.762 290 336 17.888 20.141 22 550 25.129 27.888 30.840 33.999 37 379 40.995 44.865 49.006 53.436 58.177 63.249 94 461 199.635 406,529 1 8.977 || 20.141 21 384 22.713 24.133 21.495 22.953 24.52326 21228.029 24 215 26.019 27.975 30.095 32.393 27.152 29.361 31.772 34.405 37 280 30.324 33.003 35.950 39.190 42.753 33.750 36.974 40.545 44.501 48.884 37 450 41 301 45.599 50.396 55 750 41.446 46.018 51.159 56.939 63.440 45.762 51.160 57 275 64 203 72.052 50.423 56.765 64.002 72 265 81.699 55.457 62.873 71.403 81.214 92.503 60.893 69 532 79.543 91.148 104.603 66.765 76.790 88.497 102. 174 118.155 73.106 84.701 98.347 114.413 133.334 113 283 136,308 164.494 199.021 241.333 259.057337 882|| 442.593 581.826 767.091 573.770 815.0841 163.909 1668.771 2400.018 240 30.537 32.453 34.426 36.459 41.430 44.502 47.727 66 439 120.800 209 348 39.083 41.646 56.085 95.026 152.667 47 575 75.401 112.797 Print Done O A e 9