$1547441.782 Find a DoctoriCal 750 $ 3,147.79 Need Help? Rand It $ 750 $ 547441.782 $549839.572 Watch - [0/1 Points] DETAILS PREVIOUS ANSWERS JMODD8 5.3.028. MY NOTES PRACTICE ANOTHER Susan and Bill Stamp want to set up a TDA that will generate sufficient interest at maturity to meet their living expenses, which they project to be $1,400 per month. (Round your answers to the nearest cent.) (a) Find the amount needed at maturity to generate $1,400 per month interest, if they can get interest compounded monthly. x $ (b) Find the monthly payment that they would have to make into an ordinary annuity to obtain the future value found in part (a) if their money earns 92% and the term is twenty years. $ Need Help? Read it Watch it Submit Answer lp