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Jimmy had 265,623 accumulated in a 401 K plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place

Jimmy had 265,623 accumulated in a 401 K plan. The fund is earning a low, but safe, 3% per year. The withdrawals will take place at the end of each year from now. How soon will the fund be exhausted if Jimmy withdraws 58000 each year?

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