(-76 Points] DETAILS In 2020, you deposit $8000 into an account with 6.5% annual interest, compounded monthly. (Round your answers to the nearest cent.) (a) What equation should you use to solve this problem? O I = Prt FV = P +I O P(1+1)* = p[(1+*-1] O FV = p.[(1+1*-1] O FV = P1+ v=P(1+)" (b) How much will be in the account in 2055? $ (c) Find the amount of interest generated each month in 2055. O Points DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER Brenda Small recently set up an account to save for her retirement. She makes weekly deposits into the account. It will earn 5.8% annual interest. She hopes to have a balance of $31,900 in 37 years. (a) What equation should you use to solve this problem? O FV V= o(1+)" O I = Prt FV = P + 1 OP(1+y)* = p/(1+1)-1) OFV=p/(1+1)*-1) (b) How much money should she deposit each week to reach her goal? $ (c) Find Brenda's total contribution to the account $ (d) Find the total interest $ @ 18:05 (-15 Points) DETAILS MY NOTES ASK YOUR TEACHER You borrow $330 via a payday loan with 240% add-on interest. If the term of the loan is 15 days, find the total amount you must pay back. (Round your answer to the nearest cent.) (a) Which formula should you use to answer this question? O FV = P(16) O FV = p [(14-1] 1 O P{1+)* = p /(1+)-11 I = Prt FV = P +! (b) How much will you owe? MY NOTES ASK YOUR TEACHER