1DH-Spring 2022-Quantitative Reasoning Jennifer Miramontes Homework: Retirement (FV Excel Question 6, 9.3.8 Hw Score: 36.67%. 4.03 of 11 points Part 2 of 4 ' 9 Points: 0.2 of 1 . he began deposrtlng $1500 per year into a savings account. He made deposits for the rst 10 years. at which polnt he was forced to stop making deposits. However. he le his money In the account. Where It continued to earn interest for the next 42 years. Bill didn't start saving until he was 49 years old. but for the next 26 years he made annual deposits 0151500. Assume that both amounts earned an average annual return of 6% (compounded once a year). Complete parts (a) through (d) below. a. How much money does Mitch have in his account at age 75? At age 75, Mitch has 37722-549632 In his account. (Round to the nearest cent as needed.) b. How much money does Bill have in his account at age 75? At age 75. Bill has SD in his account. (Round to the nearest cent as needed.) Ask my instructor ' Clear all _________'_"._1 Next' I ' Previous