Question: Question 17 24 points Hal Thomas, a 25 year old college graduate, wished to retire at age 65. To supplement other sources of retirement income,

Question 17 24 points Hal Thomas, a 25 year old college graduate, wished to retire at age 65. To supplement other sources of retirement income, he can deposit 52000 each year into a ta deferred individual retirement arrangement (RA). The IRA will earn a 10% return over the next 10 years. 1. If a makes annal end of year 2000 deposit into the IRA how much will he have by the end of his 65th year? 2. If Haldecide wait until ape 3 to start depositing $2000 yearly, how much will be have by the end of his 65th year? 3. How much must the 15 year old deposit annually to catch up with the 25 year old? QABAS185.328892 5881 3. 185185, 30,5318 OC.885158, 328998, 9381 D.885185, 398,5381

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