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Larenzo, age 40 , is starting his savings plan this year by putting away $2,187.50 at the end of every year until he reaches aoe

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Larenzo, age 40 , is starting his savings plan this year by putting away $2,187.50 at the end of every year until he reaches aoe 65 . He will deposit this money at his local savings and loan at an interest rate of 6%. The future value annity interest factor is 54.8645. Based on the information provided, by the time torenzo turns 65 , he will have Nehia, age 45, is starting her savings plan this year by puting away $2,167.50 at the end of every year until she reaches age 65 . She will deposit this montey at her local savings and toan at an interest rate of 6%. The futurn value annuiky interect factor is 36.7856. Based on the Information provided, by the time Neha turns 65 , she will bave Lorenzo started his investment propram flive years earfier and set aside: more than Feha. By the time Lorenzo turns 65 , he wit have accumulated more than Fieha

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