please help!! thanks!

You are planning foc a very early tetirement. You would like to retire at age 40 and have enough money saved to be able to draw $230,000 per year for the next 40 years (ba think you'l ive to age 80). You plan to save for retiremont by making 15 equal annual installments (from age 25 to ago 40 ) into a fainty risky irvestment fund that you expect v You will leave the money in this fund until a is completely depleted when you are bo yoars old. (Click the icon to view the present value annuity table.) (Click the icon to view the future value annuity table.) III (Click the icon to view the present value table.) Recurements Requirements III) (Click the icen to view the future value table.) Requirement 1. How n The present value is $ [ To make your plan work, answer the following: 1. How much money must you accumulate by retirement? (Hint: Find the present value of the $230,000 withdrawals. You may want to draw a time line showing. the savings period and the refirement period.) 2. How does this amount compare the total amount you will draw out of the investment during retiroment? How can these numbers be so different? 3. How much must you pay into the investment each year for the first 15 years? (Hint Your answer from Requiremont 1 becomes the future value of this annuity) 4. How does the total but-of-pocket savings compare to the investmant's value at the end of the 15-year savings period and the withdrawals you will make during resirement? pis.) (Round your answer to the nearest w1 K You will leove the money in this Aland int it is completely deploted when you are 80 years old. IIt (Clisk the icon to vise. the future valus table). Data table Data table rou will heove the money in this fund unsi it is complesely depleted when you ace 60 years old (Click the leen to vies the present value tabin.) (17) (crick the ficon to vlew the future valus table.) Feavirements The present value is 1