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2. Jan deposits $1000 per year into the fund, but they starts a little later in life, at age 35. They keep making deposits for
2. Jan deposits $1000 per year into the fund, but they starts a little later in life, at age 35. They keep making deposits for 40 years. a) What is their balance (to the nearest cent) at age 75 ? b) How much money did they deposit into the account? 3. What can you conclude from your answers to \#1 and \#2? What's "the moral of the story" in this example? 2. Jan deposits $1000 per year into the fund, but they starts a little later in life, at age 35. They keep making deposits for 40 years. a) What is their balance (to the nearest cent) at age 75 ? b) How much money did they deposit into the account? 3. What can you conclude from your answers to \#1 and \#2? What's "the moral of the story" in this example
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