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will upvote correct answer, please do the three parts! Saving for Retirement You decide to make manthly paryments into a retirement fund earning 4.75% compounded

will upvote correct answer, please do the three parts! image text in transcribed

Saving for Retirement You decide to make manthly paryments into a retirement fund earning 4.75% compounded monthly. Nate: Payments are made at the end of each period. Use this information for the questions below. Question 1 33.33 pts Use the Saving for Retirement information above to answer this question. If your monthly payments are $113, how much will you have in your retirement fund after 40 years? Round to the nearest dallar. Question 2 33.33 pts Use the Saving for Retirement information above to answer this question. You decide to deposit $230 exch month into the retirement fund, and retire when you can afford to buy your dream boat, which casts $397,000. How marry months will you need to make payments before you cin retire? monthe. Round to the nesirest month. Question 3 33.33pts Use the Saving for Retirement information above to answer this question. Suppose you want to use this fund to buy a $370,000 housebost when you retire in 40 years. How much do you need to deposit each month in order to achieve this goal? Round to the nearest dallar

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