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Joseph plans to retire in 8 years with $ 2 9 7 , 0 0 0 . 0 0 in his account, which has an

Joseph plans to retire in 8 years with $297,000.00 in his account, which has an annual return of 9.70 percent. If he receives payments of $64,002.44 per year and he receives his first $64,002.44 payment in 9 years, then how many payments of $64,002.44 can Joseph expect to receive?
6.46 payments
5.71 payments
2.35 payments
2.61 payments
the answer cannot be obtained based on the given information
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