eBook Problem 7-17 You have an IRA worth $150,000 and want to start to make equal, annual withdrawals (i.e., distributions from the account) for 20 years. You anticipate earning 6 percent on the funds. (To facilitate the calculation, assume an ordinary annuity.) Use Appendix D to answer the questions. Round your answers to the nearest dollar. How much can you withdraw each year? $ Since you are earning 6 percent on your investments, how much of the withdrawal consumes your investments? $ How much will be in the account at the end of the first year? $ How much do you earn on your investments in the account during the second year? $ How much will be in the account at the end of the second year?