Acme Annuities recently offered an annuity that pays 6.3% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $118,000 in 17 years? The amount of each deposit should be $ (Round to the nearest cent.) A company estimates that it will need $71,000 in 15 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 5.1% compounded monthly, how much should each payment be? The amount of each payment should be $ (Round to the nearest cent.) Bob makes his first $2,000 deposit into an IRA earning 8.1% compounded annually on his 24th birthday and his last $2,000 deposit on his 44th birthday (21 equal deposits in all). With no additional deposits, the money in the IRA continues to earn 8.1% interest compounded annually until Bob retires on his 65th birthday. How much is in the IRA when Bob retires? CERT The amount in the IRA when Bob retires is $ (Round to the nearest cent as needed.)