Craig and Felisha (both age 25) want to retire when they are 60 years old. They anticipate needing $45,000 per year in todays dollars during retirement until age 90. Craig and Felisha can earn a 12% rate of return and they expect inflation to be 4%. How much must they save each year to meet their retirement goal?

Plz show work. I am trying to figure out how to do these more complex TVM questions.