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You annually invest $1,500 in an individual retirement account (IRA) starting at the age of 25 and make the contributions for 15 years. Your twin

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You annually invest $1,500 in an individual retirement account (IRA) starting at the age of 25 and make the contributions for 15 years. Your twin sister does the same starting at age 40 and makes the contributions for 20 years. Both of you earn 6 percent annually on your investment. What amounts will you and your sister have at age 60% Use Appendix A and Appendix Cto answer the question. Round your answers to the nearest dollar Amount on your accounts Amount on your sister's accounts Who has the larger amount at age 60? the larger amount

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