please answer both questions please.

You saved $1,200,000 in your retirement funds over the last 40 years and want to retire. You expect to live for 30 years and assume the market investment returns to be 7.0%. How much can you draw down each year if you do want to still have the $1,200,000 for your heirs at the end of 30 years? Pick the number closest to your answer. $84,000$88,000$93,000$100,000 I have $500,000 saved and have 10 years until retirement. What is the investment rate of retum I need to double today's investment in 10 years. Pick the number closest to your answer. 4.7% 5.7% 6.5% 7.2%