Paragraph Style Worksheet 11.1 Complete the worksheet based on the following information NAME_ Ashley Corwin is a young career woman who is employed as the managing editor of a well-known business Journal. Although she thoroughly enjoys her job and the people she works with, she would really like to open a bookstore of her own. She would like to open the store in about 8 years and figures she'll need about $50,000 in capital to do so. Given that she thinks she can make about 10% on her money, use the worksheet to answer these questions A. How much would Ashley have to invest today, in one lump sum, to end up with $50,000 in 8 years? B. If she's starting from scratch, how much will she have to put away annually to reach the needed capital in 8 years? C. If she already has $10,000 socked away, how much will she have to put away annually to accumulate the required capital in 8 years? D. Given that Ashley has an idea of how much she needs to save, briefly explain how she could use an investment plan to help reach her objective QUESTIONC below! DETERMINING AMOUNT OF INVESTMENT CAPITAL Financial Goal Accumulate $50,000 in 8 years to open store QUESTION Athlow! 1 Targeted Financial Goal (see Note 1) 2 Preacted Arerage Return on investments A Finding a lump Sum Investment 3 Riture Value Factor from Appendix based on years to target date and projected were retum irement of Reged lump sum Investment line 1.line $ Making a series of investments own QUESTION below! 5 Amount of Investment, if awe Note 21 5 6 Puture Value factor from Append based on years of age date and preted average tuman investment of 27 Terminal value ofrecent .Ene 1 10 Focus