completely depleted when you are 80 years old. (Click the icon to view the present value annuity table.) (Click the icon to view the future value annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value table.) Requirement 1. How much money must you accumulate by retirement? (Hint: Find the present value of the $215,000 withdrawals.) (Round your answer to the nearest whole dollar.) The present value is $1,772,460. Requirement 2. How does this amount compare the total amount you will draw out of the investment during retirement? How can these numbers be so different? Over the course of your retirement you will be withdrawing $ However, by age 40 you only need to have invested These numbers are different because: A. You need to have the same accumulated as you will withdraw because you will not earn further interest on your investment when you reach retirement. D. None of the above. dollar.) You must pay $47545 into the investment each year for the first 15 years. the nearest whole number that you calculated above, then round your final answer to the nearest whole dollar.) The total out-of-pocket savings amounts to $ This is far than the investment's worth at the end of 15 years and remarkably than the amount of money you will eventually withdraw from the investment