Mitch and Bill are both age 75. When Mitch was 24 years old, he began depositing $1400 per year into a savings account. He made deposits for the first 10 years, at which point he was forced to stop making deposits. However, he left his money in the account, where it continued to earn interest for the next 41 years. Bill didn't start saving until he was 45 years old, but for the next 30 years he made annual deposits of $1400. Assume that both accounts earned an average annual return of 4% (compounded once a year).