Question: 1. Doris Pallandino contributes $3,500 each year to a Roth IRA that earns 3% per year. Use a calculator to determine how much she will have at the end of 35 years?
2. Ernie Prather contributes $400 per month to a 401(k) retirement plan at work. The plan averages 5% per year. Use a calculator to find the amount he can expect to have in 10 years.