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Solve the extra credit problem below if you have time. It will not count against you if you do not do it . You may

Solve the extra credit problem below if you have time. It will not count against you if you do not do it. You
may score up to 5 points on this problem.
Problem:
Paulina saved $479 per month into her TIAA retirement account for 35 years at a fixed interest rate of 5.67%.
Once she retired, she told TIAA to distribute payments from her account to her in equal amounts over the
next 27 years, assuming a fixed interest rate of 3.92%. How much would TIAA send Paulina monthly in order
to satisfy her request?
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