P5-24: Funding your retirement Emily Jacob is 45 years old and has saved nothing for retire-ment. Fortun11% return. She will let the money accumulate for 20 years, when she will be ready to retire. She would liyears from now) and continuing for 24 additional years, when she will make her last withdrawal at age 90money in her investment account during her retirement years, and she wants the balance in her retirement that goal? It may be help-ful to construct a timeline to visualize the details of this problem.b. Emily realizethan 11%. If Emily can earn 11% on her investments from now until age 65, but she earns just 8% on her iputs all of the $75,000 that she inherited into the account earning 11%. As in part b, she will earn only an 890, how much will be left in her account for her heirs after her last withdrawal?