You are finally able to retire after reaching your investment goal of $800,000. You are planning on living off of your nest-egg for the next 30 years and expect your account to earn a 7% interest rate. Assuming you start taking out your annual retirement payments today, how much money can you withdraw each year?

Question 8 options:

a)	$64,469.12

b)

$8,469.12

c)

$9,061.96

d)	$60,251.52