Question: Your uncle has $ 2 8 0 , 0 0 0 invested at 6 . 8 0 % , and he now wants to retire.

Your uncle has $280,000 invested at 6.80%, 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? Round your answer to 2 decimal places.
a.7.29
b.12.66
c.10.12
d.11.18
e.11.94
 Your uncle has $280,000 invested at 6.80%, and he now wants

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