When Herb turned 18 years old, he started working for a company that produced propellors for boats. While working for the company, he contributed $510 at the end of each six months into a savings account that earned 1.7 % interest compounded semiannually for 27 years. At the end of the 27th year of working for the company, the company went bankrupt. Fortunately, Herb found another job, but it didnt pay him enough money as the previous jobs did, so he stopped contributing money to the account altogether. If Herb retires at the age of 63 and starts pulling money out of the account at the end of each year, then how much money can he withdraw at the end of each year so that the account will last him until he turns 83 years old? Use the appropriate formulas to solve this problem. Do NOT use the TVM Solver. Show all the necessary work and all the necessary steps in the calculations to indicate that you used the formula and not the TVM solver. Your final answer should be in the form of a sentence.