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  3. your uncle has $142,805 invested at 5.2 percent, a

Your uncle has $142,805 invested at 5.2 percent, and he now wants to retire. He...

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Finance

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Your uncle has $142,805 invested at 5.2 percent, and he now wants to retire. He wants to withdraw $13,235 at the end of each year, starting at the end of this year. He also wants to have $17,223 left to give you when he ceases to withdraw funds from the account. For how many years can he make the $13,235 withdrawals and still have $17,223 left in the end? 10.86 13.86 12.86 11.86 14.86

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