Your uncle has $298,000 invested at 7.7%, 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? (Hint: If your solution for N is not an integer, round down to the nearest whole number.) Group of answer choices 12 11 13 15 16

Luis has $170,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put $3000/quarter into the new account until his retirement 30 years from now. If the new account earns interest at the rate of 4.5%/year compounded quarterly, how much will Luis have in his account at the time of his retirement? (Round your answer to the nearest cent.)

Troy has a retirement account worth $1,250,000 . The account draws 4.5%  compounded monthly. A . How much can he withdraw each month and not change the balance? B. It he withdraws $4000 each month , what will be the value of the account in 20 years? C. How much can he withdraw each month from the $1,250,000 to make the account last 30 years?

Lauren deposited $10,000 today. He plans to withdraw $700 every year. For how long can she withdraw from the account starting 1 year from now if interest is 6.9% compounded annually? State your answer in years and months (from 0 to 11 months). She can make withdrawals for year(s) and month(s)