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$ 1 0 0 0 investment each year for 8 years, starting 1 year from now. The annual interest rate is 1 4 % per
$ investment each year for years, starting year from now. The annual interest rate is per year.
Billy decides to open an individual retirement account IRA at his local bank that pays ear. At the end of each of the next years, he will deposit $ per year into the account total deposits Three years after the last deposit, Billy will begin making annual withdrawals. If Billy wants the account to last years withdrawals what amount will he be able to withdraw each year?
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