1. Tommy is planning for his retirement. He makes his first $8,400 yearly deposit into an IRA earning 2.2% compounded annually on his 35th birthday and his last $8,400 deposit on his 70th birthday (35 equal deposits in all). He then decides to retire on his 70th birthday. 
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3. Answer the following: 
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5. (a) How much is in the IRA when he retires? 
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7. (b) How much interest did he earn over the years while he was working? 
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9. (c) Tommy then decides to make monthly withdrawals after his retirement over the next 20 years to deplete the account. How much can he withdraw each month if interest rates have changed and the account is now earning 1.8% interest compounded monthly? 
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11. (d) How much TOTAL interest did he earn over the years?