Tom Wong$$s uncle has promised to give Tom $$300,000$ per year for the next years $20$

years, beginning one year from today. There are $20$ payments altogether from

Tom$$s uncle. Assume Tom could invest the payments at $8\%$ compounded

annually.

Tom plans on retiring $20$ years from today. Tom will only use the proceeds from his

uncle and their investment returns as the initial investment upon retirement. Tom is certain

he can reinvest at $6\%$ per year during his retirement period. What equal annual

cash flows can Tom withdraw for his retirement, beginning at the end of the

eleventh year? Assume Tom can live for $80$ years during his retirement. $(80$

withdrawals altogether$).$