You want to be able to withdraw $30,000 from your account each year for 15 years after you retire. If you expect to retire in 25 years and your account earns 7.7% interest while saving for retirement and 7.3% interest while retired:

Round your answers to the nearest cent as needed.

a) How much will you need to have when you retire?

$

b) How much will you need to deposit each month until retirement to achieve your retirement goals?

$

c) How much did you deposit into you retirement account?

$

d) How much did you receive in payments during retirement?

$

e) How much of the money you received was interest?

$

I am having trouble figuring this question out for my MAT141 class