An individual is 48 years old. At the end of each month, he deposits $330 in a retirement account that pays 5.31% interent compounded monthly (a) Alter 9 years. What is the value of the account? (b) no further deposits or withdrawals are made to the account, what is the value of the account when the individual reaches age 65? (a) For the first 9 years, the individuals deposits form an because the deposits are made at the of each period. Therefore, the formula should be used. Alter 9 years, the account to behave as an annuity and formula should be used