erences Mailings Review View Ano AbbocDc ABCD ROM ANG Title ps, from, and improvements, choo Check for Us Use the following information to answer questions 24 and 25: Terry Jones, a 22-year-old college graduate, wishes to retire at age 65. To supplement other sources of retirement income, he can deposit $5,000 each year into a tax-deferred individual retirement account (IRA). The IRA will earn an 11% return over the next 43 years. 24. If Terry makes annual end-of-year $5,000 deposits into the IRA, how much will he have accumulated by the end of his 65th birthday? A. $49,437.55 B. $2,420,461.92 C. $3,995,327.33 D. $4,394,860.06 E. None of the above 25. If Terry makes annual beginning-of-year $5,000 deposits into the IRA, how much will he have accumulated by the end of his 65" birthday? A. $49,437.55 B. $242,046.19 C. $2,420,461.92 D. $4,434,813.33 E. None of the above (US MacBook A 888 FE # 3 $ 4 % 5 & 7 8 0