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Tarrea wants her retirement income from an annuity to be $1000 per month. She has access to an annuity that will pay 4% interest for

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Tarrea wants her retirement income from an annuity to be $1000 per month. She has access to an annuity that will pay 4% interest for 30 years. How large of a nest egg does she need? -- stion Select one: O a. $209,461.24 w O b. None of these O c. $346,153.85 O d. Not enough information is given O e. $374,400.85 Al invests $150 at the end of each month into an account that grows at a 3.5% APR. How much money does he have at the end of 40 years? Select one: O a. $156,700.03 O b. $593,89.03 O None of these d. Not enough information is given e 574,520.50

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