How do you solve these problems using the financial calculator? Please show steps.

12) You have just retired with savings of $1.5 million. If you expect to live for 30 years and to earn 8% a year on your savings, how much can you afford to spend each year? Assume that you spend the money at the start of each year. A) $123,371.44 B) $133,241.15 C) $120,000.00 D) $112,148.50 13) How much can be accumulated for retirement if $2,000 is put aside at the end of each of the next 40 years? Assume that you can earn 9% a year on your savings. A) $675,764.89 B) $87,200.00 C) $736,583.73 D) $802,876.27