10:35 AM Tue Mar 2 Done edfinity.com Tam finished 4.3 Present and Future Value OPEN ITEMS INFO 4. Practice similar Hal invested $1600 per year in an IRA each year for 7 years earning 9% compounded annually. At the end of 7 years he ceased the IRA payments, but continued to invest his accumulated amount at 9% compounded annually for the next 4 years. a) What was the value of his IRA at the end of 7 years? Answer = $ b) What was the value of the investment at the end of the next 4 years? Answer = $ Submit answer Answers (in progress) Answer Score - 71 -/1 072