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Your uncle has $1,210,000 and wants to retire. He expects to live for another 25 years, and he also expects to earn 7.3% on his

Your uncle has $1,210,000 and wants to retire. He expects to live for another 25 years, and he also expects to earn 7.3% on his invested funds. How much could he withdraw at the beginning of each of the next 25 years and end up with zero in the account?

a. $17,075.64
b. $88,330.00
c. $99,396.23
d. $100,924.46
e. $106,652.16

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