Your Goal Is to Be Able to Withdraw $5,000 for Each

Multiple Choice

Your goal is to be able to withdraw $5,000 for each of the next ten years beginning one year from today.The return on the investment is expected to be 12%.The amount that needs to be invested today is closest to: (FV of $1,PV of $1,FVA of $1,and PVA of $1) (Use the appropriate factor(s) from the tables provided. )

A) $44,645.
B) $36,291.
C) $28,251.
D) $50,000.