The. Smiths save $24,000 per year for retirement. They are now in their mid-thirties, and they expect to have $2 million in today's dollars 93ved by the time they're in their mid-sixties. If their market interest rate is 5% per year, inflation averages 3% a year and they save for 30 years, is their financial plan possible? Click the icon to view the interest and annuity table for discrete compounding when =5% per year: Click the icon to view the interest and annuity table for discrete compounding when i=3% per year The purchasing power in today's dotiars of the Smiths' savings is $ thousand (Round to two decimal places.) Discrute Compoundidg: is 3\%