Luke inherited $10,000 dollars from an uncle when he was 12 years old and it was deposited in a stock market fund at that time. The account was turned over to him when he was 25 years old. Assume that the stock market fund increases an average of 7% a year. (a) How much will be in the account when Luke turns 25? Round to the nearest cent. $ 27,096 Solution 10,0001.sup(07,13)=$24,098.45 Wrong Hide solution (b) If, when Luke turns 25, he decides to leave the money in the account to save for a down payment on a house, how old will he be when he has $50,000 in the account? Round to the nearest whole year. years old