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[25 points] In planning for her retirement, Ms. Johmnson instructed her employers to start her investment account with $7000 a year starting at the end

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[25 points] In planning for her retirement, Ms. Johmnson instructed her employers to start her investment account with $7000 a year starting at the end of year 1 of her employment. She expects an annual bonus each year, so she asked her emplyers to increase her investment by $2500 every year starting in year 2. Ms. Johnson plans to work for 40 years. If these funds are invested in a retirement account that attracts an interest rate of 7% per year: Calculate the present worth of Ms. Johnson's 40 year investment Calculate the Future worth of this investment If Ms. Johnson retires from her job after 40 years of work and decides to invest all her retimenet money in a low risk account that attracts an interest rate of 3% per year compounded monthly, how much equal withdrawals can she take from the account every month for 30-years

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