Creating a retirement fund Personal Finance Problem to supplement your retirement, you estimate that you need to accumulate $380,000 exactly 41 years from today. You plan to make equal, end-of-year deposits into an account paying 7% annual interest a. How large must the annual deposits be to create the $380,000 fund by the end of 41 years? b. If you can afford to deposit only $1,480 per year into the account, how much will have accumulated in 41 years? a. The annual deposits to create the $380,000 fund by the end of 41 years should be $ . (Round to the nearest cent.) b. If you can afford to deposit only $1,480 per year into the account, by the end of 41 years you will have $ . (Round to the nearest cent.)