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Intro You just turned 22 years old and want to retire when you turn 62. You expect to live for 25 years after retirement and

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Intro You just turned 22 years old and want to retire when you turn 62. You expect to live for 25 years after retirement and expect to withdraw $7,800 per month during retirement, starting first withdrawal one month after your 62th birthday. Your retirement account quotes a return of 7% annually. Part 1 | Attempt 2/3 for 6.7 pts. How much retirement money do you need to have by 62th birthday to support the withdrawal? 0+ decimals Submit Part 2 | Attempt 1/3 for 10 pts. How much should you save each month if you make the first deposit one month after 22th birthday and the last one on 62th birthday? 0+ decimals

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