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You want to pull out monthly payments of $2500 for as long as you can. The account pays 6.35% interest compounded monthly. How many payments

You want to pull out monthly payments of $2500 for as long as you can. The account pays 6.35% interest compounded monthly. How many payments can you pull out if you have $75,000 in your account now (approximately)?

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32.75 years

It cannot be determined.

33.25 years

33.25 months

32.75 months

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