problem: Your sister turned thirty today, and she is planning to save 3,000 dollar per year for retirement, with the 1st deposit to be made one year from today. She will invest in a mutual fund, which she expects to provide a return of 10 percent per year. She plans to retire thirty-five years from today, when she turns 65, & she expects to live for thirty years after retirement, to age 95. Under these assumptions, how much can she spend in each year after she retires? Her first extraction will be made at the end of her 1st retirement year.