answer scenario 3 pls & explain how you got your answer/ show your work

1x) P12-55A (similar to) Question Help Solve various time value of money scenarios. (Click the icon to view the scenarios.) (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) (Click the icon to view the future value of $1 table.) (Click the icon to view the future value of annuity of $1 table.) Scenario 1. Harold just hit the jackpot in Las Vegas and won $50,000! If he invests it now at a 14% interest rate, how much will it be worth in 20 years? (Round your answer to the nearest whole dollar.) Future value = $ 687,174 Scenario 2. Hunt would like to have $4,000,000 saved by the time he retires in 40 years. How much does he need to invest now at a 14% interest rate to fund his retirement goal? (Round your answer to the nearest whole dollar.) Present value = $ 21,177 Scenario 3. Assume that Lilian accumulates savings of $1 million by the time she retires. If she invests this savings at 8%, how much money will she be able to withdraw at the end of each year for 15 years? (Round your answer to the nearest whole dollar and enter as a positive amount.) Amount able to withdraw = $ 3172169