me Left:1:56:29 Jessica Williams: Attempt 1 The traditional IRA (individual retirement account) is a common tax-deferred saving plan in the United States. Eared income deposited into an IRA is not taxed in the current year, and no taxes are incurred on the interest paid in subsequent years. However, when you withdraw the money from the account after age 59.5, you pay taxes on the entire amount you withdraw. Suppose you deposited $5000 of earned income into an IRA, you can earn an annual interest rate of 4%, and you are in a 25% tax bracket. Also, suppose that you deposit the $5000 at age 25 and withdraw it at age 60, and that interest is compounded continuously. Suppose that instead of depositing the money into an IRA, you pay taxes on the money and the annual interest. How much money will you have at age 60? $20,276 $15,207 $10,716 $7,000 $5,250 None of the choices