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Being uncertain of how long you will live, upon retirement you wish to establish a perpetual income stream of $2500 per month. Assume that the

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Being uncertain of how long you will live, upon retirement you wish to establish a perpetual income stream of $2500 per month. Assume that the annual interest rate is 6% compounded monthly and that you will receive the cash flow at the end of each month. How much money will you need to have when you retire to purchase this cash flow? $41,666,67 $486,398.58 O $500,000.00 $600,000.00 given the information, it cannot be determined

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