Assume that at retirement you have accumulated $750,000 in a variable annuity contract.The assumed investment return is 9%, and your life expectancy is 25 years.If the first year's actual investment return is 9%, what is the starting benefit payment?
A)$30,000.00
B)$33,333.33
C)$76,354.69
D)$52,452.73

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The Answer of Assume that at retirement you have accumulated $750,000 in a variable annuity contract.The assumed investment return is 9%, and your life expectancy is 25 years.If the first year's actual investment return is 9%, what is the starting benefit payment?
A)$30,000.00
B)$33,333.33
C)$76,354.69
D)$52,452.73

Assume That at Retirement You Have Accumulated $750,000 in a Variable