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Moving to another question will save this response. Question 2040 Question 2 Your father's employer was just acquired, and he was given a severance payment

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Moving to another question will save this response. Question 2040 Question 2 Your father's employer was just acquired, and he was given a severance payment of $305.000, which he invested at a 7.5% annual rate. He now plans to retire, and he wants to withdraw 535,000 at the end of cath 2 points year, starting at the end of this year. How many years will it take to exhaust his funds, i..., run the account down to zero! a. 14,66 b. 16.27 c. 11.73 d. 13.49 e. 10.99 Moving to another question will save this response. Question 2 of 40

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