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Complete Section 4.3 problem # 11 from the text. Be sure that your work is clearly labeled. Answer the each question asked in complete sentences.

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Complete Section 4.3 problem # 11 from the text. Be sure that your work is clearly labeled. Answer the each question asked in complete sentences. 11. Retirement account tabulation. You have a retirement account into which your employer invests $75 at the end of every month, and the account pays an APR of 5.25 % compounded monthly a. Fill in the following table. (Don't use the regular deposits balance formula) At end of month number Interest paid on prior balance Deposit Balance 1 2 3 4 b. Use the regular deposit balance formula (Formula 4.8) to determine the balance in the account the end of four months. Compare this to the final balance in the table from pata c. Use the regular deposits balance formula to determine the balance in the count at the end of four years d. Use the regulier deposits balance formula to determine the balance in the account at the end of 20 years

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