Your uncle has

$300,000

invested at

7.5%

, and he now wants to retire. He wants to withdraw

$35,000

at the end of each year. He also wants to have

$39,900

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

$39,900

left in the end?\ a.

,16.49

\ b. 15.00\ C. 15.71\ d. 13.00

Your uncle has $300,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year. He also wants to have $39,900 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 $39,900 left in the end? a. 16.49 b. 15.00 C. 15.71 d. 13.00