Homework: 6-3 MyFinanceLab: Assignment: Module Six Homework Score: 0 of 7 pts (X) Problem 15-4 (similar to) Sav 2017(5completel | Hw Score: 56%, 28 of 50 Question Help AnneMarle and Yancy calculiate their ourrent living expenditures to be $53,000 a year During rerement they plan to take one onuise a year hat will cost $5,000 in today's dolars. Anne Marie essmated hat their average tax rate in retirement a How much income, in today's dolars, wil Anne Marle and Yancy need in retirement assuming 70 percent replacement and an addtional $5,000 for the cruise b. Caloulate their projected annual income shortal in today's dollars . Delermine, in dollars, the uure value of the shortfall 29 years from now, assuning an infation ale of 4 percent Assuming a neminal rate of retum of 8percent and 20 years in retirement, cakulate their necessary amual investment to reach their etrement gls Click on the table loon to view the PViF table II Click on the table loon to view the a.The pr-tax anourt, intoday's dolau, that AneMane and Yancy wa need in Neremere assur g 70 percent replacement ard an addiona $5,000 fethe crae is S ] Rond to the nearest cent)