You decide to open an individual retirement account (IRA) at your local bank that pays 8 %/year compounded annually. At the end of each of the next 40 years, you will deposit $4,000 into the account. Three years after your last deposit, you will begin making annual withdrawals. What annual amount will you be able to withdraw if you want the withdrawals to last: Click here to access the TVM Factor Table Calculator Parta 20 years? Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is $20. Save for Later Attempts: 0 of 3 used Submit