Question 1174014
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To learn the subject, see the lessons

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Ordinary-Annuity-saving-plans-and-geometric-progressions.lesson>Ordinary Annuity saving plans and geometric progressions</A>

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Annuity-due-saving-plans-and-geometric-progressions.lesson>Annuity Due saving plans and geometric progressions</A>

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/Sequences-and-series/Solved-problem-on-Ordinary-Annuity-saving-plans.lesson>Solved problems on Ordinary Annuity saving plans</A> 

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/Sequences-and-series/Withdrawing-a-certain-amount-of-money-periodically-from-a-compounded-saving-account.lesson>Withdrawing a certain amount of money periodically from a compounded saving account</A> &nbsp;&nbsp;(*)

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/Sequences-and-series/Solved-problems-on-Annuity-saving-plans.lesson>Miscellaneous problems on retirement plans</A> &nbsp;&nbsp;(*)

in this site.


You will find there very detailed treatment of all relevant problems in their logical development

from simple to more complicated.


The closest to your problem are the lessons marked &nbsp;(*) &nbsp;in the list.


After reading these lessons, you will learn the entire subject from &nbsp;"a" &nbsp;to &nbsp;"Z".



The material in lessons is given in clear and compact form.



I solved and presented such problems many times at this forum, &nbsp;and my lessons are quintessence of these solutions/presentations.