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Megan turns 30 years old today. She currently has $34,000 in her account. She must make monthiy deposits of $ beginning next month and ending

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Megan turns 30 years old today. She currently has $34,000 in her account. She must make monthiy deposits of $ beginning next month and ending on her 65th birthday ( 420 total deposits) in order to reach her retirement goal of making monthly withdrawals of $10,000 per month beginning one month after her 65th birthday and ending on her 90th birthday at which time she wants to have $1,100,000 remaining in her account. Assume a 7% p.a. interest rate. 1) 651.93 2) 661.63 3) 705.23 4) 662.26 5) 675.04

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