SE Homework: HW Ch5 Question 9, P5-22 (similar to) Part 1016 HW Score: 22 86%, 80 of 350 points O Points: 0 of 10 Save the e Retirement planning Personal Finance Problem Hal Thomas, a 25-year-old college graduate, wishes to retire at age 65 To supplement other sources of po retirement income, he can deposit $2,100 each year into a tax deferred individual retirement arrangement (IRA). The IRA will earn a return of 15% over the next 40 mol years 3. Hal makes end-of-year 52,100 deposits into the IRA, how much will be have accumulated in 40 years when he turns 65? b. Hal decides to wait until age 35 to begin making end-of-year S2, 100 deposits into the IRA, how much will he have accumulated when he retires 30 years later? c. Using your findings in parts a and b, discuss the impact of delaying deposits into the IRA for 10 years (age 25 to age 35) on the amount accumulated by the end of Hall's 65th year 1 4. Rework parts a, b, and cassuming 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 Hall's 65th year, this That makes ou end of year 52.100 deposits into the IRA, the amount he will have accumulated by the end of his 65th year is 558778.58. (Round to nearest cent) to dete 11 amber of Help me solve this View an example Get more help Clear all Check answer $167 DOK