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Sta CH9 HW 10 Joints Skipped eBook Hint Print References L Class Princi... A0571101-21... SECTION #1... G. What is dem Question 10... Saved Help Submit Check my work Problem 9-35 Solving for an annuity [LO9-4] Betty Bronson has just retired after 25 years with the electric company. Her total pension funds have an accumulated value of $280,000, and her life expectancy is 16 more years. Her pension fund manager assumes he can earn a 12 percent return on her assets. What will be her yearly annuity for the next 16 years? Use Appendix D for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Annuity Save & Exit