If you can do the other parts too.

Homework: Ch 5 Pre HW (part 2 of 2) Save Score: 0 of 1 pt 1 of 7 (1 complete) HW Score: 0%, 0 of 7 pts P5-22 (similar to) : Question Help o Retirement planning Personal Finance Problem Hal Thomas, a 25-year-old college graduate, wishes to retire at age 60. To supplement other sources of retirement income, he can deposit $2,300 each year into a tax-deferred individual retirement arrangement (IRA). The IRA will earn a return of 15% over the next 35 years. a. If Hal makes end-of-year $2,300 deposits into the IRA, how much will he have accumulated in 35 years when he turns 60? b. If Hal decides to wait until age 35 to begin making end-of-year $2,300 deposits into the IRA, how much will he have accumulated when he retires 25 years later? c. Using your findings in parts a and b, discuss the impact of delaying deposits into the IRA for 10 years (age 25 to age 35) on the amount accumulated by the end of Hal's 60th year. d. Rework parts a, b, and c assuming that Hal makes all deposits at the beginning, rather than the end, of each year. Discuss the effect of beginning-of-year deposits on the future value accumulated by the end of Hal's 60th year. a. If Hal makes annual end-of-year $2,300 deposits into the IRA, the amount he will have accumulated by the end of his 60th year is $17. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. ? 5 parts Clear All Check Answer remaining