2. An engineer earning $70,000 per year wants to retire in 30 years with 1.5 million and plans to invest in a treasury bond fund.

a. How much money must be invested each year?

b. If this person works 5 additional years, how much money must be invested each year?

c. If the employer does a 100% match of retirement savings up to 4.25% of the employee's salary and the engineer wants to retire in 30 years, how much money must each invest annually?