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Question 61 (2 points) Your father's employer was just acquired, and he was given a severance payment of $442,500, which he invested ata 7.5% annual

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Question 61 (2 points) Your father's employer was just acquired, and he was given a severance payment of $442,500, which he invested ata 7.5% annual rate. He now plans to reti end of this year,How many years will it take to exhaust his funds, i.e., run the account down to zero? ire, and he wants to withdraw $35,000 at the end of each year, starting at the 45.85 31.11 31.52 48.31 40.94

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