You are planning to save for retirement over the next 35 years. To do this, you will invest $800 per month in a stock account and $800 per quarter in a bond account. The return of the stock account is expected to be 8 percent per year (compounded monthly), and the bond account will pay 5 percent per year (compounded quarterly). When you retire, you will combine your money into an account with a 6 percent per year return (compounded monthly). How much can you withdraw each month from your account assuming a 25-year withdrawal period?

Show all your work (use of formula, etc.) in solving the problems. You still need to show your work even if you use the financial calculator to get the answers.