I'm starting a retirement savings program and expect to need $2,000,000 in 40 years. I begin with a deposit of $650 and then deposit $450 permonth at an interest rate of 0.5% per month. I also have a trust fund that will add $20,000 to the fund at the end of the 7th year. What will my monthly deposit(withdrawal) need to be beginning in year 8 if my return increases to 1.0% per month? $295 withdrawal $295 deposit $514 withdrawal $514 deposit Question 8 (1 point) I'm starting a retirement savings program and expect to need $2,000,000 in 40 years. I begin with a deposit of $650 and then deposit $450 permonth at an interest rate of 0.5% per month. I also have a trust fund that will add $20,000 to the fund at the end of the 7th year. What return is required (%/month) beginning in year 8 if my monthly deposit remains at $450