Suppose you want to have $300,000 for retirement in 25 years. Your account earns 6% interest. a) How much would you need to deposit in the account each month? (Round to the nearest cent.) $432.90 b) How much interest will you earn? (Round to the nearest cent.) $ 170,129 tA OT c) Suppose you waited 10 years to invest in the same retirement fund and have the same $300,000 for retirement at the same 6% interest. What amount will you have to deposit each month to match the value of your annuity? (Round to the nearest cent.) Submit Question OB

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