the couple

E connect FINANCE Brealey: Fundame Library Cou rm (Check your work can only be used ONCE per question for a 5% deduction in question points) Question 11 (of 32) value: 5.00 points A couple thinking about retirement decide to put aside $3.000 each year in a savings plan that earns 8% interest In 5 years they will receive a gift of $10,000 that also can be invested How much money will they have accumulated 30 years from now? (Do not round intermediate calculations. Round your answer to 2 decimal places.) a. Accumulated savings b. If their goal is to retire with $800,000 of savings, how much extra do they need to save every year? (D not round intermediate calculations. Round your answer to 2 decimal places-) Additional savings per year