798 Part VII | Your Money and Resources 36. Suppose that you save for retirement by contributing the same amount each month from your 23rd birthday until your 65th birthday, in an account that pays a steady 4% annual interest compounded monthly. (a) How much will be in your fund at age 65 if you save $100 a month? (b) How much will be in your fund if you get a steady return of 7.5% compounded monthly? (c) How much will be in your fund if you get a steady return of 10% compounded monthly? (This is comparable to the average annual return on the New York Stock Exchange from 1950 to 2000.)