To save for her retirement in 36 years Ava opens a retirement account that earns an annual interest of 6.6% compounded monthly. (Round your answers to the nearest cent.)

(a) If Abby deposits $1000 at the end of each month, how much will be in the account when she is ready to retire.

She will have

(b) Use your answer to part (a) to determine what her monthly payment from the account would be if she plans to take out an equal amount each month for 24 years after retirement.

It will be