Chemistry homework help

Suppose you inherited $870,000 and invested it at 8.25% per year. How much could you withdraw at the beginning of each of the next 20 years?Suppose you inherited $870,000 and invested it at 8.25% per year. How much could youwithdraw at the beginning of each of the next 20 years?SOLUTIONPresent value factor of Annuity for 20 years at…