You want to be able to withdraw $$30,000$ each year for $20$ years. Your account earns $7\%$ interest.

a$)$ How much do you need in your account at the beginning?

b$)$ How much total money will you pull out of the account?

$

c$)$ How much of that money is interest?You want to be able to withdraw $$30,000$ each year for $20$ years. Your account earns $7\%$ interest.

a$)$ How much do you need in your account at the beginning?

b$)$ How much total money will you pull out of the account?

$

c$)$ How much of that money is interest?