Homework 1.8: Payout Annuities Score: 29.34/42 11/15 answered Progress saved Done (SJ V@ @ Question 15 v & 0/2pts O3 299 @ Details Let's make this material personal for you. Please enter your own choices for the next two questions. How much money do you think you will have saved in your retirement account when you retire? S (do not enter a dollar sign or commas in this answer box) How many years do you expect to live after you retire? years Based on your predictions, you can calculate how much money you can take out of your retirement account each month. You have to figure out how much money you can safely take out of your account every month because you don't want to run out of money before you die. How much money will you be able safely take out each month if your retirement account earns 5% interest compounded monthly? Based on my predictions, | can safely withdraw a month. Question Help: [JVideo 1 [] Video 2 STl L\\ =g e