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Your uncle has $ 7 9 5 , 0 0 0 and wants to retire. He expects to live for another 2 5 years and

Your uncle has $

795, 000

and wants to retire. He expects to live for another

25

years and to earn

7.5 %

on his invested funds. How much could he withdraw at the end of each of the next

25

years and end up with zero in the account?

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