Suppose you have $700,000 in your savings account when you retire. Your plan is to withdraw $4,500 a month as retirement income from this account. You expect to earn annual interest of 7 percent, compounded monthly, on your money during your retirement. How many months can you be retired until you run out of money? a. 409.11 b. 394.00 . 362.59 d. 297.95