objectives. a. What is their annual shortfall at retirement assuming inflation of 3 percent per year? Click on the table icon to view the FVIF table: b. At the time that they retire, how much additional amount must they have accumulated to fund their retirement needs, assuming 3 percent inflation and a rate of return of 7 percent? Click on the table icon to view the PVIFA table: c. Calculate the additional amount that Peter and Blair must save each year for the next 28 years if they wish to completely fund their income shortfall. Click on the table icon to view the a. Their annual shortfall at retirement assuming inflation of 3 percent per year is ? (Round to the nearest cent.) (Round to the nearest cent.) c. The additional amount that Peter and Blair must save each year for the next 28 years if they wish to completely fund their income shortfall is $ (Round to the nearest cent.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.)