Question 7 (0.2 points) You are planning your retirement and you come to the conclusion that you need to have saved $1000000in 30 years. You can invest into an retirement account that guarantees you a 15% annual return. How much do you have to put into your account at the end of each year to reach your retirement goal? Your Answer: Answer View hint for Question 7 Question 8 (0.2 points) You set up a college fund in which you pay $2500 each year at the end of the year. How much money will you have accumulated in the fund after 8 years, if your fund earns 15% compounded annually? Your Answer: Answer