Currently, you have $10,000 in your retirement account. You deposit $20,000 at the end of each year in the same retirement portfolio for 40 years. You intend to retire 40 years from today. You intend...

Extracted text: Currently, you have $10,000 in your retirement account. You deposit $20,000 at the end of each year in the same retirement portfolio for 40 years. You intend to retire 40 years from today. You intend to start receiving monthly payments over the next 30 years after you retire. The first payment would be received at the end of the first month after you retire. What will be your monthly pretax payments if the portfolio is expected to provide 10% annual rate of return? Assume the entire balance is exhausted at the end of the 30th year. O $340,406 O $148,237 O $167,379 O $81,653 O $73,710