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15. If you save $5,000 per year for 10 years and stop saving, and your...

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15. If you save $5,000 per year for 10 years and stop saving, and your savings earned 8% tax free. Approx. how much will your saving be worth in 40 years from the time you started saving? 16. If you start saving $5,000 per year in 10 years from now, and then save that amount for the next 30 years earning the same 8% from the previous question, how much will you end up with in 40 years? 17. Combined social security and Medicare tax (FICA) take how much from your gross pay before you contribute to retirement pay, income tax, etc

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