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Your uncle has $310,000 invested at 7.0%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, starting

image text in transcribed Your uncle has $310,000 invested at 7.0%, 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. 12.09 years b. 8.14 years c. 14.30 years d. 15.02 years . 13.54 years

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