PS 8 - graded Due: Sunday, June 20.2021, at 11:59:00 PM EDT View List Unanswered Answered 1 Derek can deposit $11,000 on each birthday beginning with his 26th and ending with his 65th. What will the rate on the retirement account need to be for him to have $3,000,000 in it when he retires on his 65th birthday? Submit Answer format: Porcentage Round to decimal places (Example: 9 243496, % sign required. Ww accept decimal format rounded to 6 decimal places (ex 0.092434)) 2 Derek can deposit $12,565.00 on each birthday beginning with his 27.00th and ending with his 650th. What will the rate on the retirement account need to be for him to have $3,429,432.00 in it when he retires? Submit Answer format: Porcentage Round to: 2 decimal places (Example: 9.2496, 96 sign required. Will accept decimal format Founded to 4 decimal places (ex: 0.0924))