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Your client has accumulated $1,291 on his saving account. He would like to withdraw $239 a year at the end of the year. Leaving aside

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Your client has accumulated $1,291 on his saving account. He would like to withdraw $239 a year at the end of the year. Leaving aside issues of inflation, his account pays after-tax interest rate of 7 percent per year compounded annually. How long this annuity will last? Round the answer to two decimal places

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