HW21: Problem 4 Previous Problem Problem List Next Problem (1 point) A person wants to establish an annuity for retirement. He wants to make quarterly deposits for 30 years so that he can then make quarterly withdraws of $13,500.00 for 15 years. The annuity earns 7.5% compounded quarterly. (a) How much will have to be in the account at the time he retires? Value of account at retirement: $ (b) How much should be deposited each quarter for 30 years in order to accumulate the required amount? quarterly deposit: $ (c) What is the total amount of interest earned during the 45-year period? Total Interest Earned: $ Note: You can earn partial credit on this problem. Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining