TEACHER TO ANOTHER You begin saving for your retirement by investing 5630 per month in an annuity with a guaranteed interest rate of per year. You increase the amount you invest at the rate of per year. With continuous Investment and compounding, how much will you have accumulated in the annuity by the time you retire in 40 years? (Round your answer to the nearest cent $ o Show My Work DETAILS MY NOTES PRACTICE ANOTHER (-/1 Points] WANEFMAC7 14.4.050.NVA ASK YOUR TEACHER When your first child is bom, you begin to save for college by depositing $100 per month in an account paying 12% interest per year. You Increase the amount you save by pery with continuous Investment and compounding, how much will have accumulated in the account by the time your child enter college 18 years later (Round your answer to the nearest cent.) TEACHER TO ANOTHER You begin saving for your retirement by investing 5630 per month in an annuity with a guaranteed interest rate of per year. You increase the amount you invest at the rate of per year. With continuous Investment and compounding, how much will you have accumulated in the annuity by the time you retire in 40 years? (Round your answer to the nearest cent $ o Show My Work DETAILS MY NOTES PRACTICE ANOTHER (-/1 Points] WANEFMAC7 14.4.050.NVA ASK YOUR TEACHER When your first child is bom, you begin to save for college by depositing $100 per month in an account paying 12% interest per year. You Increase the amount you save by pery with continuous Investment and compounding, how much will have accumulated in the account by the time your child enter college 18 years later (Round your answer to the nearest cent.)