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Please show all work and number each problem correctly! Shaylea, age 22, just started working full-time and plans to deposit $5,800 annually into an IRA

Please show all work and number each problem correctly! image text in transcribed
Shaylea, age 22, just started working full-time and plans to deposit $5,800 annually into an IRA earning 9 percent interest compounded annually. Deposits will be made at the end of each year. How much would she have in 20 years, 30 years, and 40 years? If she changed her investment period and instead invested $483.33 monthly and the investment also changed to monthly compounding, how much would she have after the same three time periods? Comment on the differences over time. Click the table icon to view the future value annuity table . 3. Round to the nearest . (Round to the nearest Round to the nearest With annual investments and compounding, after 20 years, Shaylea would have S cent.) With annual investments and compounding, after 30 years, Shaylea would have S cent.) With annual investments and compounding, after 40 years, Shaylea would have $ cent.) With monthly investments and monthly compounding interest, after 20 years, Shaylea would have $ Round to the nearest cent.) With monthly investments and monthly compounding interest, after 30 years, Shaylea would have $ Round to the nearest cent.) With monthly investments and monthly compounding interest, after 40 years, Shaylea would have $ Round to the nearest cent.) The differences are: (Select the best choice below.) OA. the longer the money is invested, the more you will have in the future. The number of O B. the longer the money is invested, the less you will have in the future because the interest rate O c. the longer the money is invested the more you will have in the future. The more compounding O D. the longer the money is invested, the more you will have in the future. The more compounding compounding periods does not have any effect on the investment. does not change with the cost of living. periods you have, the less money you will have in the future because the interest rate is lower. periods you have in a given time, the more money you will have in the future. 1: Data Table

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