A friend is celebrating her birthday to start saving for her anticipated retirement. She provides you with the following information: Years until retirement: 40 Amount to withdraw each year in retirement: $120,000 Years to withdraw in retirement: 25 Interest rate: 7% The first withdrawal will not take place until one year after she retires. She will also make equal annual deposits into her account to fund her retirement. Calculate the amount she needs to have in her retirement account on the day she retires. (Round to 2 decimals) A friend is celebrating her birthday to start saving for her anticipated retirement. She provides you with the following information: Years until retirement: 40 Amount to withdraw each year in retirement: $120,000 Years to withdraw in retirement: 25 Interest rate: 7% The first withdrawal will not take place until one year after she retires. She will also make equal annual deposits into her account to fund her retirement. Calculate the amount she needs to deposit annually to be able to make the desired withdrawals in retirement. (Round to 2 decimals) A friend is celebrating her birthday to start saving for her anticipated retirement. She provides you with the following information: Years until retirement: 40 Amount to withdraw each year in retirement: $120,000 Years to withdraw in retirement: 25 Interest rate: 7% The first withdrawal will not take place until one year after she retires. She will also make equal annual deposits into her account to fund her retirement. Suppose your friend has just inherited a large sum (Round to 2 decimals) money. Rather than making equal annual deposits, she has decided to make one lump-sum deposit today to cover her retirement needs. Calculate the amount she needs to deposit today