A bank customer invests $50,000 into an account today, and the bank will pay her a constant amount for the next 6 years, starting 1 year from today. The account will have a balance of 0 at the end of the 6th year. If the bank promises her a return of 8%, how much will the bank pay the customer each year? You will need to use Appendix D and the formula A=PVa/PVifa. This will be an annuity and you need to find the annual payment to take the value to 0, so you use the interest factor for present value of an annuity (Appendix D).