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20 Do Ho X C' R mathxl.com Math 1218-VCM13 Spring 2021 Adam Nasr A | 04/03/21 7:39 PM Homework: HW W7 Score: 0 of 1 pt 4 23 of 44 (16 complete) v B HW Score: 36.36%, 16 of 44 pts 8.4.61 Question Help V at At age 21 Julio begins saving $1,000 each year until age 35 (15 payments) in an ordinary annuity paying 6% annual interest compounded yearly and then leaves his money in the account until age 65 (30 years). His friend Max begins at age 41 in the same type of account until age 65 (25 payments). How much would Max have to save per year to have the same amount as Julio at age 65? Max would have to save $ per year. (Round up to the nearest cent.) Enter your answer in the answer box and then click Check Answer. All parts showing Clear All