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Numerical problem Show all your work. Your uncle has $ 2 6 0 , 0 0 0 invested at 7 . 5 % , and

Numerical problem
Show all your work. Your uncle has $260,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $30,000 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 $30,000 withdrawals and still have $25,000 left in the end?
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