Your cousin, Rosa, turned 40 today, and she is planning to save $8,275 per year for retirement, with the first deposit made one year from today and the last deposit made on her 65^th birthday.She currently has no retirement savings.She will invest in a mutual fund, which she expects to provide a return of 7% per year throughout her lifetime.She plans to retire 25 years from today, when she turns 65. She will make a total of 20 annual withdrawalswith her first withdrawal made when she is 66 years old and the last withdrawal made when she is 85.After the last withdrawal there will be $750,000 left in the account.Under these assumptions, how much can she spend in each year after she retires?

a.$29,073.56

b.$31,109.22

c.$33,392.85

d.$35,730.88

e.$37,225.11