At age 35 , Frugal Frannie started saving $7,000 per year for retirement, with annual deposits being made at the end of each year. Frannie invests her funds in a mutual fund that earns 7.5% per year. She plans to retire in 30 years, at age 65 . How much will Frannie have in her retirement account when she retires? QUESTION 2 Frannie assumes she will live to be 90 years old, therefore she will spend 25 years in retirement. Using the value you computed in the prior problem, how much can Frannie spend each year after she retires? hint : Ask yourself the question, what is Frannie going to do with her savings on the day she retires? Withdraw it all? Or only what she needs every year