Question: A couple saves $ 4 7 5 . 0 0 per month ( end of month ) for 3 4 . 0 0 years. They

A couple saves $475.00 per month (end of month) for 34.00 years. They can earn 7.00% annual interest with monthly compounding on this account. The couple wants their retirement account to last for 28.00 years.
When they retire, they will move their savings into a money market fund that pays 3.22% annual interest with monthly compounding.
Assuming they withdraw at the end of the month, what monthly withdrawals will this account support?
Answer format: Currency: Round to: 2 decimal places.
A couple saves $ 4 7 5 . 0 0 per month ( end of

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