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Worker A annually invests $2,500 in an IRA for ten years (ages 26 through 35) and never makes another contribution, and leaves the accumulation in

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Worker A annually invests $2,500 in an IRA for ten years (ages 26 through 35) and never makes another contribution, and leaves the accumulation in the account for 30 years at 10%. Worker B annual y invests $2,500 in an IRA for thirty years (ages 36 through 65). What will each worker have in their retirement account at age 65? Interest rate is 10%. You are hurt in a car accident and your lawyer wins u settlement to be distributed as follows: $35,000 immediate payment $7,000 a year for ten years starting now $60,000 after ten years. If the lawyer's fee is $15,000, what is the present value of this settlement if the interest rate is 10 percent

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