Please solve the "Part a" and "Part b"

- Forward at three digits numbers after decimal point in your calculations. - All calculations must be explained in detail with at least three sentences. I am setting up a fund for my son to go to college. I estimate that he will need TL 50.000 by the time he is old enough to go to college. I found an account that pays 5,75% compounded monthly. a) b) How much will my monthly payment be to get my son set up for college in 17 years? How much interest will the account accrue? Draw time line. (Assume that the payments will be made at the ending of each month)