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8. 1-11 Points] DETAILS TANAPMATH6 4.3.031. MY NOT Andrea, a self-employed individual, wishes to accumulate a retirement fund of $750,000. How much should she deposit

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8. 1-11 Points] DETAILS TANAPMATH6 4.3.031. MY NOT Andrea, a self-employed individual, wishes to accumulate a retirement fund of $750,000. How much should she deposit each month into her retirement account, which pays interest at a rate of 7.5%/year compounded month to reach her goal upon retirement 40 years from now? (Round your answer to the nearest cent.) $ Need Help? Read it Talk to a Tutor 9. (-13 Points) DETAILS TANAPMATH6 4.3.038. MY NOTES Darla purchased a new car during a special sales promotion by the manufacturer. She secured a loan from the manufacturer in the amount of $21,000 at a rate of 1.44/year compounded monthly Her bank is now charging 11.9%/year compounded monthly for new car loans. Assuming that each loan would be amortized by 36 equal monthly installments, determine the amount of interest she would have paid at the end of 3 years for each loan How much less will she have paid in interest payments over the life of the loan by borrowing from the manufacturer instead of her bank? (Round your answers to the nearest cent.) interest paid to manufacturer $ interest paid to bank $ savings Need Help? $ Read Talk to a Tutor MY NOTES TANAPMATH6 4.3.046. DETAILS 10. [-12 Points]

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