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Your mother has $500,000 invested at 8.0%, and she now wants to retire. She wants to withdraw $50,000 at the end of each year. How

Your mother has $500,000 invested at 8.0%, and she now wants to retire. She wants to withdraw $50,000 at the end of each year. How many years will it take to exhaust her funds (run the account down to zero)?

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