05.02-PR005 WP You decide to open an individual retirement account (IRA) at your local bank that pays 8%/year. At the end of each of the next 40 years, you will

deposit $2,000 per year into the account (40 total deposits). Three years after the last deposit, you will begin making annual withdrawals. If you want the account to last 30 years(30 withdrawals), what amount will you be able to withdraw each year?