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Your uncle has $ 2 2 0 , 0 0 0 invested at 8 . 2 % , and he now wants to retire. He

Your uncle has $220,000 invested at 8.2%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, starting at the end of this year. He also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. For how many years can he make the $35,000 withdrawals and still have $25,000 left in the end?
a.7.50 years
b.5.57 years
c.9.19 years
d.8.43 years
e.9.91 years

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