SOLUTION: You are currently 24 years old and you have just won the lottery! Your payout after taxes is a lump sum of 148 million dollars. If you anticipate living to be exactly 88 years old

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Question 1154571: You are currently 24 years old and you have just won the lottery! Your payout after taxes is a lump sum of
148 million dollars. If you anticipate living to be exactly 88 years old, how much will you have to spend, per
day, to be left with no money when you die? Use 365 days = 1 year.

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
+88+-+24+=+64+ years
+64%2A365+=+23360+
+148000000+%2F+23360+=+6335.616+
You must spend $6,335.62 / day
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check the math