63) Sam wants to start saving for retirement. She wants to have $85,000 per year for 25 years in retirement that will start in 40 years. How much must she deposit in equal annual amounts for the next 20 years If she can earn 9% over the life of her Investment? A) $4,325 B) $16,319 C) $8,752 D) $2,912 64) What are the advantages of term life insurance? A) It allows you to increase your insurance coverage for specific reasons and specific time periods. B) With decreasing term coverage, your premiums get smaller as you get older. C) It has no investment feature so it costs less than other forms of insurance. D) All of the above are correct. E) Only A and C are correct