Starting at age 30, you deposit $2000 a year into an IRA account for retirement. Treat the yearly deposits into the account as a continuous income stream. If money in the account earns 4%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? How much of the final amount is interest?

What is the value of the IRA when you turn 65?

Find out how much was earned through interest ?