An individual has $110,000 in a retirement account. Each month she deposits $1,000 while earning 5% a year on her money. How much money will be in the account in 10 years? How much of this amount is due to the $110,000 that she began with and how much is due to the monthly payments of $1000? After ten years she begins to deposit $1200 a month while earning 4% a year, how much will she have ten years later?