please aswer both questions

An individual is 48 years old. At the end of each month, he deposits $260 in a retirement account that pays 4.91% interest compounded monthly (a) After 8 years, what is the value of the account? (b) If no further deposits or withdrawals are made to the account, what is the value of the account when the individual reaches age 657 (a) For the first 8 years, the individual's deposits form an ordinary annuity because the deposits are made at the end of each period. Therefore, the formula FV = PMT should be used. After 8 years, the account does not continue to behave as an annuity and a different formula should be used. After 8 years, the value of the account will be $ (Do not round until the final answer. Then round to the nearest cent as needed) orre Help me solve this Clear all View an example Get more help - In order to accumulate enough money for a down payment on a house, a couple deposits $760 per month into an account paying 6% compounded monthly. If payments are made at the end of each penod, how much money will be in the account in 6 years? Type the amount in the account: $64414 (Round to the nearest dollar) orres Help me solve this Textbook Clear all View an example Final check