Calculating amount available at retirement Katlyn, a 25-year old personal loan officer at First National Bank, understands the importance of starting early when it comes to saving for retirement She has committed $3,000 per year for her retirement fun and assumes she will retire at age 65. 1. How much will she have accumulated when she turns 65 if she invests in equities and ears 8 percent on average. (REMEMBER TO USE THE TABLES AT THE BACK OF THE BOOK) 2. Katlyn is urging her friend, Stuart who is 40, to start his plan right away as well earning 8 percent. How much will Stuart have? Comment on your findings. 3. Discuss the value of compound interest regarding these two cases