Review Question 65 What is the amount of the payments that Mary Lou must make at the end of each of 8 years to accumulate a fund of $93,400 by the end of the 8th year, if the fund earns 8% interest, compounded annually? Payment at the end of each year $ ______________. Mary Lou is 40 years old today and she wishes to accumulate $517,000 by her 63rd birthday so he can retire to his summer place on Lake Hopatcong. She wishes to accumulate this amount by making equal deposits on his 40th through his 62th birthdays. What annual deposit must Mary make if the fund will earn 8% interest compounded annually? (Round factor values to 5 decimal places for each part of question)