Announcers present music, news, and sports, and may provide commentary or interview guests about these or other important topics. Some act as masters of ceremonies (emcees) or disc jockeys (DJs) at weddings, parties, or clubs.

Many announcers work in radio and television studios. Some announcers are self-employed; others work part time. The median annual wage for announcers was $29,010 in May 2014.

SOURCE: United States. Department of Labor. "Announcers." Occupational Outlook Handbook. 17 Dec. 2015. Web. 8 March 2016.

A newscaster earns an annual salary of $26,200. They want to invest 10% of their monthly paycheck in order to save for retirement in 27 years. If they invest this money at 4.2% compounded monthly, how much money will they have at retirement? a) How much will be saved each year? $??? b) What will be the monthly deposit? Round your answer to the nearest cent. $218.33 c) What will be the amount in the account after 27 years? Round your answer to the nearest cent.

$???