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Fact Set x 45 years old, earns $85.000 annually, and hopes to retire at 65 with a 70% wage replacement ratio. She expects her investments

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Fact Set x 45 years old, earns $85.000 annually, and hopes to retire at 65 with a 70% wage replacement ratio. She expects her investments to earn 9 percent with inflation estimated to remain at 3 percent. The present value of her annual Social Security benefit is $12.000 and she would like a plan to fund her retirement to age 90. This is a 2 part question Part 2: What is the annual required savings to reach her goal? Please enter your answer in dollars and cents in the following form. Three dollars and seventy-five cents ($3.75) should be entered as 3.75. Please do not include the "$sign

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