Scott wants to deposit $560 at the end of each month into an investment account. At the end of 7 years he wants to stop depositing and start withdrawing an equal amount at the end of each month for the next 4 years. The investment earns 5.0% compounded monthly.

a. How much did Scott have accumulated in seven years?

Round to the nearest cent

b. How much can Scott withdraw at the end of each month for four years?

Round to the nearest cen