You are planning to save for retirement over the next 30 years.To do this, you will invest $700 a month in a stock account and$400 a month in a bond account. The return of the stock account isexpected to be 10 percent, and the bond account will pay 6 percent.When you retire, you will combine your money into an account with a9 percent return. Required: How much can you withdraw each monthfrom your account assuming a 20-year withdrawal period?(Do notround your intermediate calculations.) rev: 09_17_2012 $214,222.69$18,208.93 $17,851.89 $711,295.81 $17,494.85
