For all problems, your answers should provide (a) Timeline, (b) Financial equation, (c) Algebraic equation, and (d) Answer in 9 decimal places in sequence. 4. Siegfried Basset is 65 years of age and has a life expectancy of 12 years. He wishes to invest $20,000 in an annuity that will make a level payment at the end of each year until his death. If interest rate is 8.5 percent, what income can Mr. Basset expect to receive each year