5 Question 2 Mary wants to have a retirement income of $60,000 protected against 3% inflation. She assumes that she will earn 9% and wants to have the income at the first of each year for 30 years. How much capital will be required to provide Mary this much income at the first of each retirement year? (Set your calculator for four decimal places.) a. $616,419 b. $671,897 c. $841,589 d. $890,589 College for Financial Planning-a Kaplan Company COLLEGE FOR ENCIAL PLANNING Final Review Questions