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At age 21 Julio begins saving $1,050 each year untilage 35 (15 payments) in an ordinary annuity paying 5.3% annual interest compounded yearly and the

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At age 21 Julio begins saving $1,050 each year untilage 35 (15 payments) in an ordinary annuity paying 5.3% annual interest compounded yearly and the leaves his money in the accounturillage 65 (30 years). His friend Max begins at age 41 saving $2,100 per year in the same type of account until age 65 (25 payments) How much does each have in his account at age 657 At age 65. Julio has s in his account and Max has s in his account

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