Suppose you have $1,000,000 today and starting a year from now you intend to spend this money over the next 20 years. Assume the nominal rate of interest is 9.2%, inflation rate of 5% and the real rate of interest is 4%. How much can you spend annually in real dollar terms over the next 20 years to ensure constant spending in real terms?

A. $40,000.00

B. $57,830.10

C. $64,011.96

D. $73,581.75