You are currently 22 years old and want to retire in 33 years at age 55. You want to have $100,000 per year to live on until your death at age 90, as you plan on living 35 years after retirement. Note the inflation rate is expected to be 3% at the time of your retirement. (Hint: the 100,000 is ANNUAL payments and use the inflation rate to discount the cash flows. Secondly, divide the rate by 12 & multiply t by 12 for the second part as I want you to calculate the MONTHLY investment amount needed to reach your goal. Also note you need to use the investment rate for that part) interest 9%