Question: How do I find this. If I'm looking for the annuity payments can you explain it using a financial calculator please. Marcus Johnson invested $3,000,000

How do I find this. If I'm looking for the annuity payments can you explain it using a financial calculator please.

Marcus Johnson invested $3,000,000 in a savings account on January 1st, 2015. He estimates this savings account will earn 7% per year. His goal is to withdraw eight equal payments each year starting on December 31st, 2015 Rounding to the nearest dollar what is the amount of each of the 8 equal payments? (Select the closest amount) A. $375,000 B. $484,320 C. $445,900 D. $485,416 E. $502,403

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