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QUESTION 12 0.25 points Save Answer Your uncle has S260,000 invested at 7.5%, and he now wants to retire. He wants to withdraw S35,000 at
QUESTION 12 0.25 points Save Answer Your uncle has S260,000 invested at 7.5%, and he now wants to retire. He wants to withdraw S35,000 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 S35,000 withdrawals and still have $25,000 left in the end? A 9.59 O B. 11.98 O C 13.90 D. 14.26 E. 12.58
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