Sta A0571101-21... SECTION 1. G What is dem CH9 HW Saved Class Princi... Question 10... Help Save & Exit Submit Check my work Soints 10 Skipped eBook Hint Problem 9-35 Solving for an annuity [LO9-4] Betty Bronson has just retired after 25 years with the electric company. Her total pension funds have an accumulated value of $280,000, and her life expectancy is 16 more years. Her pension fund manager assumes he can earn a 12 percent return on her assets. What will be her yearly annuity for the next 16 years? Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Annuity Print References