Freda plans to retire at the age of 63. She is currently 42 years old and figures that she will need to draw out $2800 each month in order to live during her retirement. From her family history, she believes that she will live to be about 86 years old. How much does Freda need to start putting away each month starting now (and continuing until she retires) in order to reach her goal? Assume that Freda will earn 6% interest on her money. a. For how many years will Freda need to draw out of this annuity? b. Find the future value of the amount that she will need to save to provide for those payments. c. Convert this future value into a present value at the age of 63. d. How many years does Freda have left to save before she retires? E. Find the amount that Freda needs to put away each month in order to achieve the present value found in part c.