If Derek plans to deposit $12,231.00 into his retirement account on each birthday beginning with his 26th and the account earns 6.00%, how long will it take him to accumulate $3,670,397.00? Submit Answer format: Number: Round to: 2 decimal places Derek decides that he needs $106,459.00 per year in retirement to cover his living expenses. Therefore, he wants to withdraw $106459.0 on each birthday from his 66th to his 90.00th. How much will he need in his retirement account on his 65th birthday? Assume a interest rate of 8.00% Submit Answer format: Currency Round to 2 decimal places