Question: ( 1 5 points ) Another retirement. Suppose Emma's current salary is $ 7 2 , 0 0 0 per year, and she is planning

(15 points) Another retirement. Suppose Emma's current salary is $72,000 per year, and she is planning
to retire 25 years from now. She anticipates that her annual salary will increase by $1800 each year.
(That is, in the first year she will earn $72,000, in the second year $73,800, in the third year $75,600,
and so forth.) At the end of each of the next 25 years, she plans to deposit 10% of her salary from
that year into a retirement fund that earns 6% interest compounded daily. How much money will be
in her account at the time of her retirement? Draw a cash flow diagram for this problem.
 (15 points) Another retirement. Suppose Emma's current salary is $72,000 per

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