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Your uncle has \$280,000 invested at 7.5%, and he now wants to retire.  He wants to withdraw \$35,000 at the end of each year, starting 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.  For how many years can he make the \$35,000 withdrawals and still have \$25,000 left in the end?

 10.31 13.39 15.67 15.8 14.19
What's the present value of a perpetuity that pays \$3,800 per year if the appropriate interest rate is 5%?

 \$76,000.00 \$90,440.00 \$92,720.00 \$71,440.00 \$63,840.00

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