423.3
3.You are working for Lucasfilm and your retirement plan is as follows: $10,000 per year will be invested for the next 40 years at a rate of return of 12% per year (the first investment is one year from now). When you retire, you will take your retirement plan savings and start withdrawing an annuity each year for 25 years. Your first withdrawal will occur 41 years from now. Assume that, while in retirement, your money will earn only 10% per year. How much of a yearly withdrawal will you be able to make? (10)