D 8 rall E E El [9 Mohamed is 23, and is starting to save for retirement. They want to have $1,160,000 saved by the time they retire. They will invest their retirement savings in a fund that pays 7.9% interest, compounded monthly. How many years does Mohamed have to save for retirement, if they plan to retire at age 65? years How much should Mohamed plan to deposit in their account each month? Round your answer to the nearest dollar. How much money will Mohamed have deposited in their account by the time they retire? Round your answer to the nearest dollar. How much of the $1,160,000 in Mohamed's account at retirement is interest? Round your answer to the nearest dollar. Note: Correct answers to later parts are based on your answers to earlier parts. Add Work > Next Question

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