confused

3. (-/1 Points DETAILS HARMATHAP126.3.024.0/5 Submissions Used MY NOTES ASK YOUR TEACHER Jake Werkheiser decides to invest $8000 in an IRA at the end of each year for the next 11 years. If he makes these investments, and if the certificates pay 8%, compounded annually, how much will be have at the end of the 11 years? (a) State whether the problem relates to an ordinary annuity or an annuity due ordinary annuity annuity due (b) Solve the problem. (Round your answer to the nearest cent.) $ Need Help? Read Wh