Refer to Example 2. If $2,000 is deposited annually for the first 25 years, how much can

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Refer to Example 2. If $2,000 is deposited annually for the first 25 years, how much can be withdrawn annually for the next 20 years?

Data from Example 2

Lincoln Benefit Life offered an ordinary annuity that earned 6.5% compounded annually. A person plans to make equal annual deposits into this account for 25 years and then make 20 equal annual withdrawals of $25,000, reducing the balance in the account to zero. How much must be deposited annually to accumulate sufficient funds to provide for these payments? How much total interest is earned during this entire 45-year process?

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