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answer all parts and show all work and formulas thank you! Annuities and the Power of Time 1.) At age 20, Marcia started depositing $2000

answer all parts and show all work and formulas thank you! image text in transcribed
Annuities and the Power of Time 1.) At age 20, Marcia started depositing $2000 per year at the end of each year into an account earning 9% annually. She did this for 10 years and then stopped. After that she left the money in the account and it continued earning 9% interest per year compounded annually. How much money did she have at age 652 I b.) How much money did Marcia actually put into this annuity? 2.) At age 20, Susan did nothing. She waited until she was 30 to start depositing $2000 per year at the end of each year into an account earning 9% annually. She did this each year until she turned 65. How much money did she have at age 652 b.) How much money did Susan actually put into this annuity? 3.) What did you learn from this

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