Shaylea, age22, just started workingfull-time and plans to deposit $4,500 annually into an IRA earning 8 percent interest compounded annually. How much would she have in 20 years, 30 years, and 40 years? If she changed her investment period and instead invested $375.00 monthly, and the investment also changed to monthlycompounding, how much would she have after the same three timeperiods? Comment on the differences over time.

With monthly investments and monthly compoundinginterest, after 30 years, Shaylea would have ?

With monthly investments and monthly compounding interest, after 40 years, Shaylea would have?