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Your uncle has $ 392,000 invested at 6.8% and he now wants to retire. He plans to withdraw $ 60,000 at the end of eachyear,

Your uncle has $392,000 invested at 6.8% and he now wants to retire. He plans to withdraw $60,000 at the end of eachyear, beginning this year.

How many years will it take to exhust his funds, i.e., run the account down to zero? ____years (Round answer to one decimal place.)

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