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Gretta wants to retire in 13 years At that time she wants to be able to withdraw $12, 500 at the end of each 6

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Gretta wants to retire in 13 years At that time she wants to be able to withdraw $12, 500 at the end of each 6 months for 11 years. Assume that money can be deposited at 6% per year compounded semiannually. What exact amount will Gretta need in 13 years? A $192, 687.75 B $199, 211.50 C. $634, 121.88 D. $205, 545.13

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