Ruben invested $1000 per year in an IRA each year for 8 years earning 9% compounded annually. At the end of 8 years he ceased the IRA payments, but continued to invest his accumulated amount at 9% compounded annually for the next 3 years. What was the value of his IRA at the end of 8 years? Answer = $ What was the value of the investment at the end of the next 3 years? Answer = $