retires A woman with her employer s matching program

Last updated: 4/27/2023

retires A woman with her employer s matching program contributes 500 at the end of each month to her retirement account which earns 5 Interest compounded monthly When she after 41 years she plans to make monthly withdrawals for 33 years It her account earns 7 interest compounded monthly then when she rebres what is her maximum possible monthly withdrawal without running out of money The maximum possible monthly withdrawal is approximately Simplify your answer Round to the nearest cent as needed COLLE