Whats the future value of the initial $100 deposit after 10 years? We assume current interest rate is = 6%, compounded monthly.

a. $121.0

b. $161.6

c. $181.9

d. $223.4

You want to receive $5,800 per month in retirement. If you can earn 0.8% return per month and you expect to need the income for 30 years, how much do you need to have in your account at retirement?

		$585,123
		$599,513
		$626,783
		$683,833