1.An investor plans to retire at age 62 with total savings of $1,000,000 in todays dollars. If she is currently 37 years old, and expects to earn 6% per year on her investments, how much money must she set aside every year?

2.An investor plans to retire at age 62 with total savings of $1,000,000 in todays dollars. If she is currently 37 years old, has $15,000 currently invested, and expects to earn 6% per year on her investments, how much money must she set aside every year?