4. Andre wants to buy a new car in a few years. He sets a goal to have (c) $__________ in his savings account in order to buy a new car. Andre plans to save money for 5 years by making monthly deposits to a savings account that has an APR of 2.5% compounded monthly. Round answers to two decimal places

a. In order for Andre to reach his savings goal, how much will Andre need to save each month? (3 pt)

b. Overall, Andre contributed how much of his own money into the savings account? (4 pt)