Mitch and Bill are both age 75. When Mitch was 24

24 yearsold, he began depositing $1500

1500 per year into a savings account. He made deposits for the first 10years, at which point he was forced to stop making deposits.However, he left his money in theaccount, where it continued to earn interest for the next 41

41 years. Billdidn't start saving until he was 45

45 yearsold, but for the next 30

30 years he made annual deposits of $1500

1500. Assume that both accounts earned an average annual return of 7

7% (compounded once ayear). Complete parts(a) through(d) below