You are planning to save for retirement over the next $20$ years. To do this, you will invest

$$800$ a month in a stock account and $$500$ a month in a bond account. The return chthe

stock account is expected to be $10$ percent, and the bond account will pay $6$ percent.

When you retire, you will combine your money into an account with a return of $8$ percent.

How much can you withdraw each month from your account assuming a $20-$year

withdrawal period?

Multiple Choice

$$372,808\mathrm{.}55$

$$84,164\mathrm{.}16$

$$7,153\mathrm{.}95$

$$7,013\mathrm{.}68$

$$6,873\mathrm{.}4$