Question: Bill started saving for his retirement when he was37 37. Each month he deposited $100.00into an annuity that earns3 frac{1}{2} % per year compounded monthly.

Bill started saving for his retirement when he was37

37. Each month he deposited $100.00into an annuity that earns3

frac{1}{2} % per year compounded monthly.

How much will be in the account when Bill turns70?

$

Enter future value

How much will he have deposited?

$

Enter total deposited

How much interest will he have earned?

$

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