You are planning to save for retirement over the next $30$ years. To do this, you will invest $$800$ a month in a stock account and $$500$ a month in a bond account. The return of the stock account is expected to be $6$ percent, and the bond account will pay $4$ percent. When you retire, you will combine your money into an account with a return of $5$ percent.

How much can you withdraw each month from your account assuming a $15-$year withdrawal period?You are planning to save for retirement over the next $30$ years. To do this, you will invest

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

stock account is expected to be $6$ percent, and the bond account will pay $4$ percent.

When you retire, you will combine your money into an account with a return of $5$ percent.

How much can you withdraw each month from your account assuming a $15-$year

withdrawal period?

Multiple Choice

$$9,099\mathrm{.}16$

$$8,917\mathrm{.}18$

$$559,211\mathrm{.}34$

$$109,189\mathrm{.}94$

$$9,281\mathrm{.}15$