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Creating a retirement fund Personal Finance Problem To supplement your retirement, you estimate that you need to accumulate $ 2 7 0 , 0 0

Creating a retirement fund Personal Finance Problem To supplement your retirement, you estimate that you need to accumulate $270,000 exactly 41 years from
today. You plan to make equal, end-of-year deposits into an account paying 8% annual interest.
a. How large must the annual deposits be to create the $270,000 fund by the end of 41 years?
b. If you can afford to deposit only $730 per year into the account, how much will you have accumulated in 41 years?
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