You have just started working for G 548 Corp as a 30 year-old rookie analyst. You love your job so much that you have immediately started planning for retirement. You plan to retire at the age of 65, and plan to withdraw $100,000 every six months from your retirement account to keep you living in the style to which you have become accustomedJ. You plan to make these withdrawals until you are 85. (You make the first withdrawal six months after you retire, so it is a regular annuity, not an annuity due.) If your retirement account pays 10 % APR compounded monthly, calculate:

1. How much money will you need in your retirement account at the time of your retirement so that you can make the necessary withdrawals throughout your retirement?
2. G Corp has a retirement policy that includes an equal match for employee contributions. The company will start making matching donations at the end of your first quarter along with your initial deposit into your retirement account. If you and your company make equal deposits into your retirement account starting at the end of this quarter, how much should each of your deposits be in order to be able to retire with the sum in Part A in 35 years?