(1 point) John makes annual deposits of $1600 to an an IRA aming 3% compounded annually for 10 years a) What was the value of his IRA at the end of 10 years? Answers b) How much can John withdraw each year for the next 15 years at 3% compounded annually? (Hint: Consider John wants his money back from IRA, in other words, IRA now owes him money. Which formula do you need to use?) Answers