Mr. and Mrs. Gonzales set up a TDA to save for their retirement. They agreed to have $100 deducted from each of Mrs. Gonzales's biweekly paychecks, which will earn 8 1/8% interest. (Round your answers to the nearest cent.)

(a) Find the future value of their ordinary annuity if it comes to term after they retire in 35 1/2 years. $ (b) After retiring, the Gonzales family convert their annuity to a savings account, which earns 6.9% interest compounded monthly. At the end of each month, they withdraw $750 for living expenses. Complete the following table for their postretirement account (for 5 months) .