Question: Question 7 (0.5 points) You are 65 years old and about to retire. You have $100,000 saved in a retirement account and would like to

Question 7 (0.5 points) You are 65 years old and about to retire. You have $100,000 saved in a retirement account and would like to withdraw it in equal annual amounts so that nothing is left after 9 years. How much can you withdraw each year if the account earns 8% interest each year? Your Answer: Answer Question 8 (0.5 points) How much money must you invest today in order to grow to a value of $40,000 in 25 years if your money grows at 5%? Your

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