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19. Chapter MC, Sections, Problem 117 Your unde has $250,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at

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19. Chapter MC, Sections, Problem 117 Your unde has $250,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, starting at the end of this year. He also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. For how many years can he make the $35,000 withdrawals and still have $25,000 left in the end? Ca. 14.26 Ob 12.55 c. 9.59 d. 13.90 Oe. 11.98

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