Problem 7-21 Auntie Kitty sells her home for $200,000, which is then invested to earn 5 percent annually. If her life expectancy is ten years, what is the maximum amount she can annually spend on a nursing home, doctors, and taxes? Use Appendix D to answer the question. Round your answer to the nearest dollar. The maximum amount that can be annually spend is $ If the return were to double to 10 percent, will the amount she may spend each year more than double? Use Appendix D to answer the question. Round your answer to the nearest dollar. and will be If the return were to double, the amount that can be annually spend will -Select- equal to $