2 Part Question

please explain using a financial calculator

-thank you in advance

Factors Affecting Retirement Planning Timing of Savings Let's work through an example: Starting today, Lori saves $5,000 a year from age 25 until age 34 (inclusively) and invests the money in an account earning 8.00 percent annually. Lori stops investing at age 34, but does not withdraw the accumulation until age 65. How much is Lori's account worth at age 65? How much has Lori deposited? FIRST Second: JOHARI - 2 Puso Pinte 5000 FV becomes Pya 4 1/4 = 8%. FV=X We 31 1/y=8% 25 34 N=10 PMT=0 Fy=x In contrast, Peter saves $5,000 a year from age 36 until age 65 inclusively and invests in a similar account to Lori, earning 8.00 percent annually. How much is Peter's account worth at age 65? How much has Peter deposited? be 437.79 PV INT- 36 FV- N- 65