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thanks for the help!! 4. -/142 POINTS TANFIN11 5.3.031. 0/6 Submissions Used MY NOTES Andrea, a self-employed individual, wishes to accumulate a retirement fund of

thanks for the help!! image text in transcribed
4. -/142 POINTS TANFIN11 5.3.031. 0/6 Submissions Used MY NOTES Andrea, a self-employed individual, wishes to accumulate a retirement fund of $550,000. How much should she deposit each month into her retirement account, which pays interest at a rate of 4.5 /year compounded monthly, to reach her goal upon retirement 30 years from now? (Round your answer to the nearest cent.) - 1.42 POINTS TANFIN11 5.3.030. 0/6 Submissions Used MY NOTES The management of Gibraltar Brokerage Services anticipates a capital expenditure of $27,000 in 4 years for the purchase of new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns interest at the rate of 3%/year compounded quarterly, determine these of each coat) quarterly installment that should be deposited in the Mind (Round your answer to the nearest cent.) -1A2 POINTS 0/6 Submissions Used MY NOTES New parents wish to save for their newborn's education and wish to have $55,000 at the end of 18 years. How much should the parents place at the end of each year into a savings account that earns an annual rate of 4 compounded annually (Round your answers to two decimal places) How much interest would they can over the life of the account? Determine the value of the fund after years

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