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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).

 Feb 20, 2019

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 Feb 20, 2019

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