Your uncle just retired. He has $800,000 in his savings account. He believes he will live another 25 years. How much money can he live on monthly (assume that he withdraws his first month's spending today, not at the end of the month)? a. If the interest rate = 10% i. $7,209.53 ii. $6,676.85 iii. $597.96 iv. $7,269.61 b. If the interest rate=4%? C. i. $4,267.46 ii. $4,222.69 iii. $4,391.60 iv. $4,208.67 He sadly passes away 5 years after his retirement. How much money does he have at the time of his passing (assume 4% interest rate)? i. $546,638.32 ii. $949,615.01 iii. $696,836.93 iv. $697,767.03