7. Disability Before Retirement. Jackie Facet of Auburn, Alabama, age 60, was planning on retirement and investing well for it because he now has $400,000 in his retirement accounts and would likely to have doubled that by age 67. But, he became permanently disabled after getting into a vehicle accident a few months ago.

(c) How much might Jackie earn each year on his $400,000 portfolio if it earns 4 percent?

N	1
I/Y	4
PV	-400,000
PMT	0
FV	CPT

(d) How large an amount could be withdrawn from his account each month starting at age 60 over 25 years of retirement?

N	25
I/Y	4
PV	400,000
PMT	CPT
FV	0