Karen wants to take the next six years off work to travel around the world. She estimates her annual cash needs at $30,000 (if she needs more, shell work odd jobs). Karen believes she can invest her savings at 8% until she depletes her funds. (Click the icon to view the present value annuity table.) (Click the icon to view the present value table.) (Click the icon to view the future value annuity table) (Click the icon to view the future value table.) Requirements 1. How much money does Karen need now to fund her travels? 2. After checking with a number of banks, Karen leams sheil be able to invest her funds only at 6%. How much does she need now to fund her travels? Requirement 1. How much money does Karen need now to fund her travels? Calculate how much money Karen needs now to fund her travels. (Round your answers to the nearest whole dollar.) With the 8% interest rate Karen needs Requirement 2. After checking with a number of banks, Karen learns she'll be able to invest her tafids only at 6%. How much does she need now to fund her travels? Caiculate hiow much she needs to fund her travels if she didnt get the 8% interest rate she had originally planned. (Round your answers to the nearest whole dollari) With a 6% interest rate, Karen would need If Karen's savings are earning a fower interest rate (6%), she'l need to save to be able to withdraw $30,000 per year Reference Reference Reference Reference