Question 7 of 8 Olivia wants to accumulate at least $35,000 by depositing $1,600 at the end of each month into a fund that earns interest at 4.5% compounded monthly. a. How many deposits does he need to make in order to reach his goal? 0 Round to the next payment b. How long will it take Olivia to reach his goal? O year(s) o month(s) Express the answer in years and months, rounded to the next payment period