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What is the maximum amount. Write the answer in a paper/board for better understanding. Thank you. A man has deposited $50,000 in a retirement income

What is the maximum amount. Write the answer in a paper/board for better understanding. Thank you.

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A man has deposited $50,000 in a retirement income plan with a local bank. This bank pays 10% per year, compounded annually, on such deposits. What is the maximum amount the man can withdraw at the end of each year and still have the funds last for 12 years?I 1'..-"'.."hat is the maximum amount? a.5?215 b.56395 c. 56962 d.55049 e. 5512? f.$?125

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