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Mitch and Bill are both age 75. When Mitch was 24 years old, he began depositing $ 1000 per year into a savings account. He

Mitch and Bill are both age 75. When Mitch was 24 years old, he began depositing $1000 per year into a savings account. He made deposits for the first 10 years, at which point he was forced to stop making deposits. However, he left his money in the account, where it continued to earn interest for the next 41years. Bill didn't start saving until he was 47years old, but for the next 28 years he made annual deposits of $1000. Assume that both accounts earned an average annual return of

5%(compounded once a year). Complete parts (a) through (c) below.

A. At age 75, Mitch has in his account

B. How much was inBill have in his Account at age 75

C. Compare the amounts of money that Mitch and Bill deposit into their accounts

Mitch deposits in his accounts how muchand Bill deposits in his account how much

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