Your uncle has $300,000 today. Assume he can earn 9.18% on his investments. He now wants to retire in 10 years. Here is his situation:

a. He wants to withdraw $35,000 every two years, beginning 12 years from today for 10 equal, every two-year (i.e. every other year) withdrawals.

b. He has to pay for his daughters college beginning in 5 years at $20,000 for four years (i.e. he has to make a payment in year 5, 6, 7, and 8).

c. He just inherited some money, totaling $40,000, which he will receive 8 years from today.

He also wants to leave you whatever he can afford 20 years from today and still meet all his other goals. How much is the amount of money you will receive?