Your aunt wants to retire and has $1,215,000. She expects to live for another 25 years, and she also expects to earn 7.5% on her invested funds. How much could she withdraw at thebeginningof each of the next 25 years and end up with zero in the account?

Select the correct answer.

a. $101,373.12b. $101,362.72c. $101,383.52d. $101,393.92

e. $101,404.32