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Please, explain me better I am stuck in this problem thanks A child receives $107,440 as a gift which is deposited in a 6% bank

image text in transcribedPlease, explain me better I am stuck in this problem thanks

A child receives $107,440 as a gift which is deposited in a 6% bank account compounded semiannually. If $5,000 is withdrawn at the end of each half year, how long will the money last? 17.5 years 20.0 years 23.0 years 26.0 years

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