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1. (-/25 Points] DETAILS TEAFM2 F.4.004. MY NOTES PRACTICE ANOTHER Find the amount needed to deposit into an account today that will yield a typical

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1. (-/25 Points] DETAILS TEAFM2 F.4.004. MY NOTES PRACTICE ANOTHER Find the amount needed to deposit into an account today that will yield a typical pension payment of $30,000 at the end of each of the next 27 years for the given annual interest rate. (Round your answer to the nearest cent.) 8.3% $ Additional Materials eBook 2. (-/25 Points) DETAILS TEAFM2 F.4.014. MY NOTES PRACTICE ANOTHER Find the monthly payment needed to amortize a typical $125,000 mortgage loan amortized over 30 years at an annual interest rate of 3.1% compounded monthly. (Round your answers to the nearest cent.) $ Find the total interest paid on the loan. $ Additional Materials eBook

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