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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

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?

a. $72,033.18

b. $79,878.38

c. $59,908.79

d. $77,025.58

e. $71,319.98

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