Question: You have $ 7 5 0 , 0 0 0 in your account earning 1 0 . 2 5 % return. You want to create

You have $750,000 in your account earning 10.25% return. You want to create a perpetual income stream for yourself: you want to be able to withdraw a fixed amount from the account every year, forever. What is the maximum amount you can withdraw from your account every year?
$75,675
$78,875
$7,317,073
$74,875
$76,875
 You have $750,000 in your account earning 10.25% return. You want

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