-101_FINANCIAL MANAGEMENT (FALL 2020) Shelly Savalot plans to retire 40 years from now, and she wants to have accumulated enough wealth at retirement to enable her to withdraw $200,000 per year for 30 years after retirement (end-of-year). Shelly plans to save the money needed for retirement by making equal annual payments into a retirement savings account (end-of-period). All of Shelly's funds will be deposited into a savings account earning 4 percent compounded annually (this rate will be carned during her retirement years also). How much money will Shelly need to have available when she retires 40 years from now to fund her planned retirement withdrawals? Assume that Shelly will need to have $3,000,000 available when she retires 40 years from now to fund her planned retirement withdrawals (not the actual value needed). Determine the quarterly payments that Shelly will need to make in order to reach the assumed goal? a Next page