5.3 Fill in the Blanks X Homework Answered Due Oct 8th, 11:59 PM Type your answers in all of the blanks and submit X S2- You: You and your cousin are both 25. Beginning at age 25, you invest $2,000 per year for ten years and then never invests another penny. Your cousin waits ten years and then invests $2,000 per year for the next 30 years. Assuming you both earn 7 percent, how much will each of you have at age 65? Type your answer here Your Cousin: Type your answer here Please type your answer to submit Round to the nearest cent. DO NOT INCLUDE COMMAS OR $. There is 1 error to address before submitting Hint X You: Find the future value of an annuity. Once you find the future value of an annuity, use the answer as the lump sum amount to find for a future value of a lump sum for 30 years. Your Cousin: Find the future value of an annuity for 30 years.

x= You and your cousin are both 25 . Beginning at age 25 , you invest $2,000 per year for ten years and then never invests another penny. Your cousin waits ten years and then invests $2,000 per year for the next 30 years. Assuming you both earn 7 percent, how much will each of you have at age 65? You: Your Cousin: Please type your answer to submit Round to the nearest cent. DONOT INCLUDE COMMAS ORS. There is 1 error to address before submitting 0 Hint You: Find the future value of an annuity, Once you find the future value of an annuity, use the answer as the lump sum amount to find for a future value of a lump sum for 30 years. Your Cousin: Find the future value of an annuity for 30 years