You plan on retiring in $25$ years. In order to increase your retirement income, you open a retirement

account today, and make a $$20,000$ deposit. In addition, you will deposit $$5,000$ every year for the next

$25$ years. Your plan is to start making annual withdrawals of $$50,000$ from the account, after you retire.

Assuming the account is earning $7\%$ rate of interest, how many years will it take, after you retire, before

the funds in your account are completely exhausted? Please include a written answer in a text box.

$($assume annual compounding$)$ Do this in Excel