Question: please answer quickly and accurately for a thumbsup. This question has been posted and answered incorrectly several times. Lets see who can get it correct

please answer quickly and accurately for a thumbsup. This question has been posted and answered incorrectly several times. Lets see who can get it correct first!

Problem 18-11 Dipping into Your Nest Egg [LO18-6] You have $50,000 in your retirement fund that is earning 5.5 percent per year, compounded quarterly. How many dollars in withdrawals per month would reduce this nest egg to zero in 25 years? (Use Exhibit 18-16.) Exhibit 18-16 Dipping into your nest egg Dipping into savings isn't wrong; however, you must do so with caution. Note: Based on an interest rate of 5.5 percent per year, compounded quarterly. Source: Select Committee on Aging, U.S. House of Representatives

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