Retirement Planning Hal Tomas, a 25-year old college graduate, wishes to retire at age 65. To supplement other sources of retirement income, he can deposit $2,000 each year into a tax deferred individual retirement arrangement (IRA). The IRA will earn a 10% return over the next 40 years. A. If Hal makes annual end-of-year $2,000 deposits into the IRA, how much will he have accumulated by the end of his sixty-fifth year? B. If Hal decides to wait until age 35 to begin in making annual end-of-year $2,000 deposits into the IRA, how much will he have accumulated by the end of his sixty-fifth year? C. Using your findings in parts A and B, discuss the impact of delaying making deposits into the IRA for 10 years (age 25 to 35) on the amount accumulated by the end of Hal's sixty-fifth year. D. Rework parts A, B and C, assuming that Hal makes all deposits at the beginning, rather than the end, of each year. Discuss the effect of beginning-of-year deposits on the future value accumulated by the end of Hal's sixty-fifth year