Your project manager heard that you are studying finance this term. He has asked your advice on how much he needs to save to meet the retirement needs. You have considered your managers situation, he has just celebrated his 40th birthday and plans to retire in 20 years. He wants to be able to withdraw the amount of money shown in 20000 of the data table, at the end of each year from an account throughout his retirement. After the retirement, he expects to live for the number of 25 years of the data table. The first withdrawal will occur on his 61st birthday. Assume all savings earn an annual rate of return 5 % of the data table. a) What is the present value of the retirement needs at today? b) What equal, annual, end-of-year amount must your manager save for each year in the next 20 years to meet the retirement needs