You are ready to retire. A glance at your 401(k) statement indicates that you have $750,000. If the funds remain in an account earning 8.0%, how much could you withdraw at the beginning of each year for the next 25 years? \begin{tabular}{r} $55,620 \\ \hline$35,830 \\ $65,055 \\ $70,050 \end{tabular}