please help answer the following problem table is attatched
Richard Gorman is 65 years old and about to retire. He has $570,000 saved to supplement his pension and Social Security and would like to withdraw it in equal do amounts so that nothing is left after 14 years. How much does he have to withdraw each year if he earns 5 percent on his money? Click on the table icon to view the annuty table It he came 5 percent on his money, the amount he will have to withdraw each year is $(Round to the nearest Cont) 100ule item Present Value of an Annuity of $1 (PVIFA) n 196 296 396 496 5% 69 796 8% 9% 10% 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 2 1.970 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 3 2.941 2.884 2.829 2.775 2.723 2.673 2.624 2.571 2.531 2.487 4 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 5 4.853 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 6 5.795 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 7 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 8 7.652 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.5355.335 98.566 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 10 9.471 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 11 10.368 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 12 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7.1616.814 13 12.134 11.348 10.635 9.986 9.394 8.853 8.358 7.904 7.487 7.103 14 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 15 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 17 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 18 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 19 17.226 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 2018.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514 21 18.857 17.01115,415 14.029 12.821 11.764 10.836 10.017 9.292 8.649 22 19.660 17.658 15.937 14.451 13.163 12.042 11.061 10.201 9.442 8.772 23 20.45618.292 16.444 14.857 13.489 12.303 11.272 10.371 9.580 8.883 24 21.243 18.914 16.936 15.247 13.799 12.550 11.469 10.529 9.707 8.985 25 22.023 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.8239.077 30 25.808 22.396 19.600 17.292 15.372 13.765 12.409 11.258 10.274 9.427 40 32.835 27.355 23.115 19.793 17.159 15.046 13.332 11.925 10.757 9.779 50 39.196 31.424 25.730 21.482 18.256 15.762 13.801 12.233 10.962 9.915