Your father has $500,000 and wants to retire. He expects to live for another 20 years, and to be able to earn 8% on his invested funds. How much could he withdraw at the end of each of the next 20 years and end up with zero in the account? Answer A)$54,764.40 B)$50,926.10 C)$47,843.15 D)$55,119.76 E)$53,431.83