Stefani Geman, a 40-year-old woman, plans to retire at age 65, and she wants to accumulate $480,000 over the next 25 years to supplement the retirement programs provided by the federal govemment and her employer. She expects to an average annual retum of about 3% by investing in a low-risk portfolio containing about 20% short-term securities, 30% common stock, and 50% bonds earn Stefani currently has $76,417 that at an annual rate of return of 3% will grow to about $160,000 by her 65th birthday (the $160,000 figure is found using time value of money techniques, Chapter 4 Appendix) Stefani consults a financial advisor to determine how much money she should save each year to meet her retirement savings objective. The advisor tells Stefani that if she saves about $27 43 each year, she will accumulate $1,000 by age 65. Saving 5 Smes that amount each year $137.15, allows Stefani to accumulate roughly $5,000 by age 65 How much additional money does Sretani need to accumulate over Sme to reach her goal of $480,000 b. How much must Stefani save to accumulate the sum calculated in part a over the next 25 years? a. To reach her goal of $480,000, Stefani needs to accumulate S (Round to the nearest dollar) b. To accumulate the sum calculated in part a over the next 25 years, the amount Stefani must deposit annually is Round to the nearest cent)