1 Marcia Stubern is planning for her golden years. She will retire in 20 years, at which time she to begin withdrawing $60,000'annually. She is expected to live for 20 years following her retirement. Her financial advisor thinks she can earn 9% annually. How much does she need to invest each year to prepare for her financial needs after her retirement? A. $10,706 B. $12.90 11,8 $13,110 E. $12,107 Mr. Nailor invests $5,000 in a money market account at his local bank. He receives annual interest of 8% for 7 years. How much return will his investment earn during this time period? A. $2,915 B. $3,570 C. $6,254 2570