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On your 30th birthday you deposit $10k in a retirement account paying 2% annually. You increase the deposits by $1000 per year each year. You

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On your 30th birthday you deposit $10k in a retirement account paying 2% annually. You increase the deposits by $1000 per year each year. You make your final deposit on your 65th birthday. That same day, you begin your withdrawals, such that you withdraw $W on your 65th birthday, increasing your withdrawals by 4% each year until your final withdrawal on your 85th birthday. At that point your savings have been fully depleted. Find W. Within $100 of : 51,394 51,594 51,794 51,994 52,194 None of the above

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