a) At age 25, you start an IRA to save for retirement. You deposit $375 at the end of each month. If you can count on an APR of 5%, compounded monthly, how much total interest (in dollars) will you have earned when you retire at age 68? (Round your answer to the nearest dollar.)

b) You purchase a home for $438,000 by making a down payment of 15% and financing the remaining amount with a 15-year mortgage. Your mortgage has an annual percentage rate of 2.18%, compounded monthly, and requires monthly payments. How much total interest (in dollars) will you pay on this loan after 15 years? (Round your answer to the nearest dollar.)

Ar age 25, you start an IRA to swe for retirement. You depssit 5375 at the end of each manth. If you can count on an A5k or 5%, compounded monthly, how much foral interest (in dolyes) will veu have earned when you retire at aje 6% ? (Round your answer to the nearest delar.) x