(Steps Shown) Dr. xx accumulated $500,000 in his account at age 65. At that point, he starts withdrawing $50,000 each year on his birthday, starting with his
Question: Dr. xx accumulated $500,000 in his account at age 65. At that point, he starts withdrawing $50,000 each year on his birthday, starting with his 66th birthday. if the account continues to earn 8%, how old will he be when the account is empty?
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