You Decide That Your Family Would Be Comfortable Living on an Annual

You decide that your family would be comfortable living on an annual income of $150,000,growing at 4% per year.You'd also like to continue generating this cash flow for your descendents,forever.With investment returns of 8%,how much wealth would you need today to provide this income starting with $150,000 one year from now?

A) $1,250,000
B) $1,875,000
C) $1,904,218
D) $3,750,000