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Birthday/Retirement Question - It is your 25th birthday and you've decided to start saving for , birthday. If you want to be able to make

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Birthday/Retirement Question - It is your 25th birthday and you've decided to start saving for , birthday. If you want to be able to make 30 equal annual retirement. You plan to make 40 equal annual deposits of $12,000 starting today and the last deposit on your 64th withdrawals with the first withdrawal on your 65th birthday, how large can these withdrawals be if the annual interest rate is 5%. B) $99,013 . Value at t-65 is $1,522,077.16 . Hence, withdrawals $99,013.30

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