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Wei earns $ 2 5 , 7 0 0 annually and wants to invest 1 0 % of her salary each month for retirement. If

Wei earns $25,700 annually and wants to invest 10% of her salary each month for
retirement. If she invests in a retirement account that earns 6% compounded monthly, how
much money will she have at retirement?
a) What is the dollar amount that Wei will be taking out of her salary each year to put
towards retirement?
$
b) What is the dollar amount that Wei will be putting into her retirement account each
month?
c) What will be the amount in the retirement account after 26 years?
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