Homework - 3 attempts 2:00:00 Time Left:1:52:40 Tiffany Thompson: Attempt 2 Page 3 of 3 Next Page Previous Page Question 11 (0.2 points) Mary's 25th birthday is today, and she hopes to retire on her 65th birthday. She has determined that she will need to have $5,000,000 in her retirement savings account in order to live comfortably. Mary currently has no retirement savings, and her investments will earn 5% annually. How much must she deposit into her account at the end of each of the next 40 years to meet her retirement savings goal? Your Answer: Answer View hint for Question 11 Question 12 (0.2 points) Lauren knows she can afford to make monthly payments of $475 for 36 months. How much will the bank lend her today on a 3% APR car loan in exchange for her promised monthly payments? Your Answer: Answer View hint for Question 12