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he people she works with, she would really like to be a literary agent. She would like to go on her own in about 6

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he people she works with, she would really like to be a literary agent. She would like to go on her own in about 6 years and figures she'll need about $70,000 in capital to do soi ilven that she thinks she can make about 7 percent on her money, use Worksheet 11.1 to answer the following questions. a. How much would Ashley have to invest today, in one fump sum, to end up with $70,000 in 6 years? Round the answer to the nearest cent. 3 b. If she's starting from scratch, how much would she have to put away annually to accumulate the needed capital in 6 years? Round the answer to the nearest cent. 5 6. How about It she already has $20,000 socked away; how much would she have to put away annually to accumulate the required capitat in 6 years? Round the answer to the nearest cent. 3 d. Given that Ashley has an idea of how much she needs to save, briefly explain how she could use an inveatment plan to heip reach her objective

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