Question: Shaylea, age 22, just started working full time and plans to deposit $4,800 annually into an IRA earning 6 percent interest compounded annually. Deposits will

Shaylea, age 22, just started working full time and plans to deposit $4,800 annually into an IRA earning 6 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 amd instead invested $400.00 monthly and the ivestment also changed to monthly compunding, how much would she have after the same three time peeiods? Comment on the differences over time.
with annual investments and compounding, after 20 years, Shaylea would have $______ (round to the nearest cent) Shaylea, age 22, just started working full time and plans to deposit
$4,800 annually into an IRA earning 6 percent interest compounded annually. Deposits

anceLab: Assignment: Module Two Homework 3 of 10 (0 complete)Y Data Table mpound Sum of an Annuity of $1 (FVFA) -6% 11% 12% 19% 5% n3% 1 000 1 000 1.000 1.000 2.11 2090 2.100 2.0602.070 3.184 3 374 3310 3.34 3.153 3215 3.246 3.091 4.5 4.641471 4.184 4.375 4 246 4.310 5 5 309 54165526 5637 5751 5 7898 8142 83948654 892 6 353 6 105 5637 5.751 5.867 6 468 6 68026975 153 7336 752 7 6627 7.71 7.913 8.11 9.783 10.089 9 487 9.200 8892 9214 954 11859 14 164 11.4 12 10.637 11.028 9 897 488 13.021 13.579 10 159 10583 11027 11491 11978 12 16722 17549 11464 12 006 12578 13.181 13 816 14 487 15193- 15 937 12578 13.181 13816 14487 15 193 10 16.64 18.531 19 561 20 24.1 12 808 13486 14207 14972 157 15 026 15 917 5.784 1 16.870 17.888 18.9 17.560 22 713 20.141 22.953 21 384 24.5 27.975 8 882 20141 214 21.015 22.550 24.215 26.019 26 212 15.61 16.62717.713 7086 18.292 19 32.39 30 14 31.772 34. 405 15 18 59920024 21 579 23.276 25 129 27.152 29361 Print Done 3 of 10 (0 complete) Data Table .. 14.LU I 10.3 15.91716.870 17.888 18.977 20.141 18.88220141 21.495 22953 22.550 24.215 26019 4.19215.026 13 15.618 16.62717.713 24.523 27.975 18 599 20 02421579 23 276 25 129 27 152 29 361 31.772 34 405 161 20157 21825-23 657.25 673-27888|-30 324 33003 17 21 762 23 698 25 840 28 21330 84033750 36 974 18 23414 25.645 19 25 117 27 671 30 539 33 760 37 379 41446 46.018 20 26 870 2978 33,06636.786 21 28 676 31 960 35 71939 993 44 86550 423 56 765 22 30.537 34.248 38 32 453 36618 41430 46.996 53436 60 893 69 532 241 34 426| 39 083| 44 5021-50 010 25 36.459646 47 727 54 865 63249 73106 84701 30 47575 56.08566.439 40 75.401 95 026 120 800 154 762 199 635 259 05 337 882 442 593 581826 78 091 12.797|-152 6671 209 3481 290.336 406 5 40.545 7.45041.301 45.599 50.396 5.762 51.160 72.052 49.006 5545762.873 91.148 104.603 102.174 133.334 136.308 94.461 113.28 199.021 3 Print Done

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