Peter and Blair recently reviewed their future retirement income and expense projections. They hope to retire in 34 years and anticipate they will need funding for an additional 24 years. They determined that they would have a retirement income of $74,000 in today's dollars, but they would actually need $101,628 in retirement income to meet all of their objectives. Calculate the total amount that Peter and Blair must save if they wish to completely fund their income shortfall, assuming a 3 percent inflation rate and a return of 8 percent. (This is the 3rd time i posted this question.please get it right)

Question - The total amount that Peter and Blair must save if they wish to completely fund their income shortfall, assuming a 3 percent inflation rate and a return of 8 percent is $______________(Round to the nearest cent.)

	Compound Sum of $1 (FVIF)
n	5%	6%	7%	8%	9%	10%	11%	12%
24	3.2251	4.0489	5.0724	6.3412	7.9111	9.8497	12.2392	15.1786
25	3.3864	4.2919	5.4274	6.8485	8.6231	10.8347	13.5855	17.0001
26	3.5557	4.5494	5.8074	7.3964	9.3992	11.9182	15.0799	19.0401
27	3.7335	4.8223	6.2139	7.9881	10.2451	13.1100	16.7386	21.3249
28	3.9201	5.1117	6.6488	8.6271	11.1671	14.4210	18.5799	23.8839
29	4.1161	5.4184	7.1143	9.3173	12.1722	15.8631	20.6237	26.7499
30	4.3219	5.7435	7.6123	10.0627	13.2677	17.4494	22.8923	29.9599
31	4.5380	6.0881	8.1451	10.8677	14.4618	19.1943	25.4104	33.5551
32	4.7649	6.4534	8.7153	11.7371	15.7633	21.1138	28.2056	37.5817
33	5.0032	6.8406	9.3253	12.676	17.182	23.2252	31.3082	42.0915
34	5.2533	7.2510	9.9781	13.6901	18.7284	25.5477	34.7521	47.1425
35	5.5160	7.6861	10.6766	14.7853	20.4140	28.1024	38.5749	52.7996
		Present Value of an Annuity (PVIFA)
n	1%	2%	3%	4%	5%	6%	7%	8%	9%	10%
15	13.8651	12.8493	11.9379	11.1184	10.3797	9.7122	9.1079	8.5595	8.0607	7.6061
16	14.7179	13.5777	12.5611	11.6523	10.8378	10.1059	9.4466	8.8514	8.3126	7.8237
17	15.5623	14.2919	13.1661	12.1657	11.2741	10.4773	9.7632	9.1216	8.5436	8.0216
18	16.3983	14.9920	13.7535	12.6593	11.6896	10.8276	10.0591	9.3719	8.7556	8.2014
19	17.2260	15.6785	14.3238	13.1339	12.0853	11.1581	10.3356	9.6036	8.9501	8.3649
20	18.0456	16.3514	14.8775	13.5903	12.4622	11.4699	10.5940	9.8181	9.1285	8.5136
21	18.8570	17.0112	15.4150	14.0292	12.8212	11.7641	10.8355	10.0168	9.2922	8.6487
22	19.6604	17.6580	15.9369	14.4511	13.1630	12.0416	11.0612	10.2007	9.4424	8.7715
23	20.4558	18.2922	16.4436	14.8568	13.4886	12.3034	11.2722	10.3711	9.5802	8.8832
24	21.2434	18.9139	16.9355	15.2470	13.7986	12.5504	11.4693	10.5288	9.7066	8.9847
25	22.0232	19.5235	17.4131	15.6221	14.0939	12.7834	11.6536	10.6748	9.8226	9.0770
26	22.7952	20.1210	17.8768	15.9828	14.3752	13.0032	11.8258	10.8100	9.9290	9.1609
27	23.5596	20.7069	18.3270	16.3296	14.6430	13.2105	11.9867	10.9352	10.0266	9.2372
28	24.3164	21.2813	18.7641	16.6631	14.8981	13.4062	12.1371	11.0511	10.1161	9.3066
29	25.0658	21.8444	19.1885	16.9837	15.1411	13.5907	12.2777	11.1584	10.1983	9.3696
30	25.8077	22.3965	19.6004	17.2920	15.3725	13.7648	12.4090	11.2578	10.2737	9.4269