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11. (7 points) Your friend Kelly will retire at the end of 10 years from now and needs your help in planning for retirement. Kelly's

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11. (7 points) Your friend Kelly will retire at the end of 10 years from now and needs your help in planning for retirement. Kelly's retirement goals are two-fold. First, Kelly plans to give each of her 3 children a lump sum of $15,000 on the day she retires. Kelly also wants to have enough additional money stashed away so that she can withdraw $75,000 at the end of each year for 25 years following her retirement. How much money does Kelly need to invest in an account today 1n _grder_t9_ fund his retirement assuming she can earn 6% interest compounded annually

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