Sarah wants to take the next six years off work to travel around the world. She estimates her annual cash needs at $29.000 (if she needs more, she will work odd jobs) Sarah believes she can invest her savings at 12% until she depletes her funds (Click the icon to view Present Value of $1 table) (Click the icon to view Future Value of $1 table.) Read the requirements (Click the icon to view Present Value of Ordinary Annuity of $1 table) 1 (Click the loon to view Future Value of Ordinary Annuity of $1 table.)) www Requirement 1. How much money does Sarah need now to fund her travels? (Round your answer to the nearest whole dollar) With the 12% interest rate, Sarah needs Requirement 2. After speaking with a number of banks, Sarah learns she will only be able to invest her funds at 4% How much does she need now to fund her travels? (Round your answer to the nearest whole dollar) With a 4% interest rate, Sarah would need If Sarah's savings are earing a lower interest rate (4%), she will need to save to be able to withdraw $29,000 per year.