You are planning for a very early retirement. You would Eke to refire at age 40 and have enough money saved to be able to dranw 5205,000 per year for the next 30 years (based on family history, you think youl five to age 70 ) You plan to savo for retirement by making 10 equal annual linstalments (from age 30 to age 40 ) into a faidy risky investment fund that you expect will earn 12% per year You will leave the money in thits fund untilit is completely depleted when you are 70 years old (Cick the icon to vicw the present value annulty table) (CFck the kcon to view the future value annuity table) [Click the icon to view the present value table] (Cick the icon to view the future value table.) To make your plan work answer the following questions (Click the icon to view the questions) 1. How much mohey muct you accumulate by retrement? (Hint. Find the present value of the 5205.000 withdrawats) Calcutale the present value to find out how much moncy must be accursulatod by retrement. (Reund your answer to the nearest whele dollar) The piesent valien is