Ruben invested $2000 per year in an IRA each year for 9 years earning 13% compounded annually. At the end of 9 years he ceased the IRA payments, but continued to invest his accumulated amount at 13% compounded annually for the next 6 years. a) What was the value of his IRA at the end of 9 years? Answer =$
b) What was the value of the investment at the end of the next 6 years?