You borrow $15,000 from a bank and plan to repay the loan in 48 equal monthly installments. If the bank charges 18 percent annual interest on the loan, what monthly payment will be required? $440.62 $525.63 $499.50 $403.85 $548.52 You open a retirement savings account where you deposit \$250 per month in an account earning 10% interest (compounded monthly). You plan to retire in 30 years. How much will have in the account when you retire? $565,121.98 $511,367 $499,998 $593,787 $628,235