Creating a retirement fund Personal Finance Problem To supplement your retirement, you estimate that you need to accumulate $$290,000$ exactly $42$ 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 $$290,000$ fund by the end of $42$ years?

b$.$ If you can afford to deposit only $$990$ per year into the account, how much will you have accumulated in $42$ years?

a$.$ The annual deposits to create the $$290,000$ fund by the end of $42$ years should be $($Round to the nearest cent$)$

Please answer B as well! God Bless