#4 Derek decides that he needs $195,806.00 per year in retirement to cover his living expenses. Therefore, he wants to withdraw $195806.0 on each birthday from his 66th to his 89.00th. How much will he need in his retirement account on his 65th birthday? Assume a interest rate of 9.00%. unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places