Question 2 Ella Funt would like to set up her retirement account that will begin in 40 years. To play it safe, she wants to assume that she will live forever and she will withdraw $160,000 annually. Assuming her account will earn 10% interest during the next 40 years and 5% interest afterwards forever, how much will Ella need to save annually over the next 40 years to fund her retirement account? Question 4 Sally Mander is planning on retiring in 20 years and she believes that she will live for 25 years after she retires. Sally would like to set up a retirement plan that will pay her $90,000 annually for 25 years. Assuming 9% interest over the next 20 years that she is working, and 6% interest after she retires, how much will Sally need to save annually over the next 20 years