HW21: Problem 3 Previous Problem Problem List Next Problem (1 point) Suppose that for retirement purposes, over the course of 27 years, you make monthly deposits of $360.00 into an ordinary annuity that pays an annual inte of 2.956% compounded monthly. After those 27 years, you then want to make monthly withdrawals for 25 years, reducing the balance in the account to zero dollars a) Find the amount of money you have accumulated in the annuity over the first 27 years: $ b) How much should you withdraw monthly from your account so that the balance reaches zero dollars after the final 25 years? $ Note: You can earn partial credit on this problem. Preview My Answers Submit Answers You have attempted this problem 1 time. Your overall recorded score is 0%. You have unlimited attempts remaining