Palatino molto Q1 23 mars Stacey tres at age 16 and expeds to live tage". On the day she was retirement savings account. She is conservative and expectatom 525 percent on the edge reument years. How much can she withdraw from her retentig wachment she planeta de con the day she spends her last penny Show all the required stepe b) How would your answer be different it was the withdrawal was daily? (Show all the required steps 136 words English (US Text Predictions: On e here to search 0 Hea Q1 (25 marks) Stacey retires at age 58 and expects to live to age 90. On the day she retires, she has $287.409 lr retirement savings account. She is conservative and expects to eam 525 percent on her money during her retirement years. How much can she withdraw from her retirement savings each month if she plans to die on the day she spends her last perny? (Show all the required steps) Answer-1 Amount saved -287409 Period after retirement -90-58 - 32 years or 384 months Annual interest rate=5.25% Monthly interest rate -5.25 percent/12 04375% 287409 = $x/1.004375 +Sx/1.00437542 + $x/1.004375-383Sx/1.0043754384 287409 = $x* 185.815277 - $1546.75 Monthly withdrawals $154675 b) How would your answer be different if it was the withdrawal was dally? (Show all the required steps)