Problem 7-21 Auntie Kitty sells her home for $200,000, which is then invested to earn 4 percent annually. If her life expectancy is five years, what is the madmum 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 spendiss If the return were to double to 8 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 or the return were to double, the amount that can be annually spend will delen double and will be equal to s 3.993 4.452 3