Question 3 3.13 pts Jake Long contributes $85,000 per year to a retirement account (end of year). This particular annuity is expected to gain 7.5% real yearly compounded interest. He plans to retire after 9 years, with the same contribution for each of these years (1-9). How much money will he have when he retires? $162,965 $822,375 $542,205 $1,039,537 Question 4 3.13 pts Assume you invest $10,000 into an account with a 7% interest rate. Interest is compounded monthly. How much will you have in 17 years? $32,757 $27,590 $3,053 $308,402 Question 3 3.13 pts Jake Long contributes $85,000 per year to a retirement account (end of year). This particular annuity is expected to gain 7.5% real yearly compounded interest. He plans to retire after 9 years, with the same contribution for each of these years (1-9). How much money will he have when he retires? $162,965 $822,375 $542,205 $1,039,537 Question 4 3.13 pts Assume you invest $10,000 into an account with a 7% interest rate. Interest is compounded monthly. How much will you have in 17 years? $32,757 $27,590 $3,053 $308,402