Creating a retirement fund Personal Finance Problem To supplement your retirement, you estimate that you need to accumulate $290,000 exactly 37 years from today. You plan to make equal, end-of-year deposits into an account paying 8% annual interest a. How large must the annual deposits be to create the $290,000 fund by the end of 37 years? b. If you can afford to deposit only $1,080 per year into the account, how much will you have accumulated in 37 years? a. The annual deposits to create the $290,000 fund by the end of 37 years should be $ . (Round to the nearest cent.)