(1 point) A person wants to establish an annuity for retirement. He wants to make quarterly deposits for 3535 years so that he can then make quarterly withdraws of $11,500.00$11,500.00 for 2020 years. The annuity earns 7.17.1% 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 3535 years in order to accumulate the required amount?

quarterly deposit:

(c) What is the total amount of interest earned during the 5555-year period?

Total Interest Earned: