Compared to interest rates on long-term u. s. government bonds, interest rates on fluctuate more and are lower on average. question 3 options: medium-quality corporate bonds low-quality corporate bonds high-quality corporate bonds three-month treasury bills save

Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35