Question: Please show steps using a financial calculator. Your aunt has $ 2 7 0 , 0 0 0 invested at 5 . 5 % ,
Please show steps using a financial calculator. Your aunt has $ invested at and she now wants to retire. She wants to withdraw
$ at the beginning of each year, beginning immediately. She also wants to have $ left to
give you when she ceases to withdraw funds from the account. For how many years can she make the
$ withdrawals and still have $ left in the end? Note: She is leaving $ on the day of
her last withdrawal.
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