Lorenzo, age 25, is starting his savings plan this year by putting away $1,750.00 at the end of every year until he reaches age 65. He will deposit this money at his local savings and loan at an interest rate of 6%.

The future value annuity interest factor is 154.7620.

Based on the information provided, by the time Lorenzo turns 65, he will have _____

.

Neha, age 30, is starting her savings plan this year by putting away $1,750.00 at the end of every year until she reaches age 65. She will deposit this money at her local savings and loan at an interest rate of 6%.

The future value annuity interest factor is 111.4348.

Based on the information provided, by the time Neha turns 65, she will have_____

.

Lorenzo started his investment program five years earlier and set aside______

more than Neha. By the time Lorenzo turns 65, he will have accumulated ______

more than Neha.