Your uncle has $400,000 invested at 7.5%, and he now wants to retire. He wants to...

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Your uncle has $400,000 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? Round your answer to 2 decimal places. Select the correct answer. a. 26.15 b. 24.65 c. 30.65 d. 27.65 Oe. 29.15 Your uncle has $400,000 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? Round your answer to 2 decimal places. Select the correct answer. a. 26.15 b. 24.65 c. 30.65 d. 27.65 Oe. 29.15