321.3
Austin Danger Powers was cryogenically frozen for 30 years. Assume that he had savings totaling $50,000 when he was frozen. If his money was invested at 10% for the 30 years he was frozen (from 1967 to 1997), how much of an annual cash flow (an annuity) could he fund starting in 1998 and lasting for 25 years? Assume a return of 10% per year throughout this problem. (2 pts)