To supplement your planned retirement in exactly 42 years, you estimate that you need to accumulate $1 million by the end of 42 years from today. You plan to make equal annual end-of-year deposits into an account paying 4 percent annual interest. a. How large must the annual deposits be to create the $1 million amount by the end of 42 years? PMT b. If you can afford to deposit only $5,000 per year into the account, how much will you have accumulated by the end of the forty-second year? FV c. If you can afford to deposit only $5,000 per year into the account and the interest was compounded quarterly, how much will you have accumulated by the end of the forty-second year? FV Suppose you deposit $10,000 in an account today that pays 6% interest, compounded annually. How long does it take before the balanace in your account is $1,000,000? N