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Currently Ally Gator has saved $15,000 in the retirement account. Ally pay plans on savings $6500 annually for the next 35 years. She is soon
Currently Ally Gator has saved $15,000 in the retirement account. Ally pay plans on savings $6500 annually for the next 35 years. She is soon that she will earn 8% annually up until she retires. Ally is afraid that she will run out of money during her retirement, so she plans on applying for the festival of a perpetual annuity to her retirement savings. If Alley has earned 4% annually doing her retirement ears how much will she be able to withdraw annually forever
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