Your uncle has $415,000 and wants to retire. He expects to live for another 25 years and to earn 7.5% on his invested funds. How much could he withdraw at the end of each of the next 25 years and end up with zero in the account? a $29,783.94 b $45,420.51
c $40,952.92
d $37,229.93 e $45,048.21