Suppose that you want to have $500,000 as a retirement nest egg in 30 years, and you plan to make equal monthly deposits to achieve your goal. If you are able to earn 6% (annually) on your savings, how much do your monthly deposits have to be? $497.75$527.04$1,388.89$6,324.46 None of the above. Suppose that you have $250 taken out of your paycheck each month to put towards your retirement account. If you are able to earn 6% annually on your investment, how much will be in your account when you retire in 35 years? $27,859$50,917$334,304$356,178