HW21: Problem 2 Previous Problem Problem List Next Problem (1 point) A person wants to establish an annuity for retromont. He wants to make monthly deposits for 35 years so that he can then make monthly withdraws at $3,400.00 for 10 years. The annuity earns 6.7% compounded monthly. (How much will have to be in the account at the time he retireo? Value of account at retirement Noter Your answer is a dollar amount and should have a dollar sign and exactly two decimal places. 6) How much should be deposited each month for 35 years in order to accumulate the required amount? monthly deposit [Note: Your answer is a collar amount and should have a dollar sign and exactly two decimal places (c) What is the total amount of interest enrred during the 45-ynar period? Total Interest Earned: [Note: Your answer is a dollar amount and should have a doller sign and exactly two decimal places.] Note: You can earn partial credit on this problem. Preview My Answers Submit Answers eventh