How much do you expect to leave as bequest to your beneficiaries?

You are planning to save for retirement over the next 40 years.To do this, you will invest $500 a month in a stock account and$300 a month in a bond account. The return on the stock account isexpected to be 9.6 percent, and the bond account will pay 5percent. When you retire, you will combine your money into anaccount with a 6 percent return. You plan to make monthlywithdrawals of $11,000 each and expect to live for 30 years inretirement. How much do you expect to leave as bequest to yourbeneficiaries? A. $5,290,721 B. $2,100,842 C. $8,578,258 D. $9,729,112 . . .

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