You are planning to save for retirement over the next 35 years. To do this, you will invest 400 a month in a share account and 500 a month in a bond account. The annual return of the share account is expected to be 7 per cent, and the bond account will pay 4 per cent annually. When you retire, you will combine your money into an account with a 6 per cent annual return.

How much can you withdraw each month from your account, assuming a 25-year withdrawal period?

1. (a) 7,585.

2. (b) 8,650.

3. (c) 9,000.

4. (d) 9,985.

5. (e) I choose not to answer.