(1 point) A person wants to establish an annuity for retirement. He wants to make monthly deposits for 35 years so that he can then make monthly withdraws of $4,000.00 for 15 years. The annuity earns 7.96% compounded monthly (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 month for 35 years in order to accumulate the required amount? monthly deposit: $ (c) What is the total amount of interest earned during the 50-year period? Total Interest Earned: $