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11. Taylor, who is 26, would like to retire at the age of 64. He wants to have a fund when he retires that allows

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11. Taylor, who is 26, would like to retire at the age of 64. He wants to have a fund when he retires that allows him to withdraw $2500 each month for 34 years, assuming continuous flow. a) (7 points) What will the amount Taylor needs to deposit at the beginning of his retirement if the fund has a 3.25% interest rate compounded continuously? b) (7 points) Taylor will need to invest now if he wants to pursue his goal. An investment firm offered him a rate of 4.25% compounded continuously, assuming continuous money flow. How much should he invest each month

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