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(Saving for retirement-future value of an annulty) Seina and Patty Bouvier are twins and both work at the Springfield DMN, Seima and Patty Bouvier decido

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(Saving for retirement-future value of an annulty) Seina and Patty Bouvier are twins and both work at the Springfield DMN, Seima and Patty Bouvier decido to save for retrenent, which is 35 years away. Theyll both receive an annual return of 11 percent on their investment over the next 35 years, Seima imvents $2,400 per year as the end of each year only for the first 10 yoars of the 35 -year period-for a total of $24,000 saved. Petty doesn' start saving for 10 yeers and then saves $2,400 per year at the end of each year for the remaining 25 yoarn-for a total of $60,000 saved. How much will each of them have when they retire

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