John Johnson celebrated his 18th birthday by opening a savings account and depositing $1,900. He continued to deposit the same amount on every subsequent birthday until he was 27 years old. After depositing $1,900 on his 27th birthday John decided to abandon his savings plan. He never saved again, but he left the accumulated savings in the bank account. The bank paid an (unreasonably high) interest rate of 15%. When John turned 65, he withdrew the money from the bank. What was the amount of his withdrawal? Round to the nearest cent. Happy birthday! You are 30 years old today. You want to retire at age 60. You want to have $2,200,000 at retirement. Realistically, you know that the most that you can save from your 31st birthday until your 50th is $6,750 per year (you only save on your birthdays!). How much do you have to save each year from your 51st to your 60th birthday in order to achieve your retirement goal if you can earn 5.5% on your savings? Round to the nearest cent