Your client just retired and is ready to enjoy his hard work. At the moment the. balance in your client's retirement account is $560,000. You expect that you can help the client achieve annual returns of 3.6% in the retirement account during the retirement years. How much money, rounded to the nearest dollar, can your client withdraw from the account MONTHLY in order for the funds in the account to last a total of 25 years?

$2,862

$2,834

$2.965

$2,821