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Your uncle has $ 1 5 2 , 0 5 5 invested at 6 . 3 percent, and he now wants to retire. He wants
Your uncle has $ invested at percent, and he now wants to retire. He wants to withdraw $ at the end of each year, starting at the end of this year. He also wants to have $ left to give you when he ceases to withdraw funds from the account. For how many years can he make the $ withdrawals and still have $ left in the end?
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