Question 4 (1 point) Listen Henry would like to have a retirement income of $3,000 per month (month-end payments). How much must he have in his retirement fund on the day that he retires if he plans to live for 28 years? Assume that the account will earn j12=3.6%. Your Answer: Answer Question 5 (1 point) B) Listen While he is in college, Steve is living in his parent's basement suite. He pays $380 rent at the end of each month. His parents have made him a great offer. If he completes college in two years with a grade average of B or higher, they will give him back all two years worth of rent money as a graduation present. The money is being kept in an account earning 112=3.6% and they will give him the interest too. How much will Steve's graduation present be? Your