Business, 22.06.2021 22:40 emarquez05

Your uncle has $300,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 at the end of each year, beginning 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. What is the maximum number of $35,000 withdrawals that he can make and still have at least $25,000 left in the account

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Your uncle has $300,000 invested at 7.5%, and he now wants to retire. He wants to withdraw $35,000 a...

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