From the previous video: At age 40 you deposit $150 at the end of each month into an IRA that pays 4% interest
compounded monthly. In the previous question, we found that the value of the annuity at age 65 would be $77,119.43.
How much interest did you earn?
Round your answer to the nearest cent and do NOT include the dollar sign.
Do NOT round until you have calculated the final answer.