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Your uncle has $240,000 invested at 7.3%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, starting

Your uncle has $240,000 invested at 7.3%, 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. 9.09 years b. 9.85 years c. 8.21 years d. 6.14 years Oe. 10.58 years
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Your uncle has $240,000 invested at 7,3%, and he now wants to retire. He wants to withdraw $35,000 at the end of each 5 ear, starting at the end of thisyear: He also wants to have $25,000 left to give you when he ceases to withdraw funds from the account. For bow many 5 earscan he makr the $35,000 withdrawals and still have $25,000 left in the end? a.9.09 years 0.9 .85 years c. 8.21 years d. 6.14 years c. 10.58 years

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