Question: pls make sure to draw timeline Could someone answer this and show work on how you got the answer. Make sure to draw the timeline
pls make sure to draw timeline Could someone answer this and show work on how you got the answer. Make sure to draw the timeline as well
(Quantitative Question) Your uncle has $450,000 invested at 6.25 and he now wants to retire. He wants to withdraw 534.920 at the end of each year, beginning at the end of this year. How many years will it take to exhaust his funds. Le run the account down to zero! years (Round to nearest integer) Write the answer both in the space provided and on the empty pages on which you will also show your work (including timelines)
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