7. Claire has a retirement account worth $975,000. The account draws 3.6%compounded monthly. a. How much can she withdraw each month and not change the balance? b. If she withdraws $2000 each month,...

7. Claire has a retirement account worth $975,000. The account draws 3.6%compounded monthly.

a. How much can she withdraw each month and not change the balance?

b. If she withdraws $2000 each month, what will be the value of the account in 20 years?

c. How much can she withdraw from the $975,000 to make the account last 30 years?