Question: ou plan to save $ per year for 7 years, with your first savings contribution in 1 year. You and your heirs then plan to
ou plan to save $ per year for years, with your first savings contribution in year. You and your heirs then plan to make annual vithdrawals forever, with your first withdrawal expected in years. The first withdrawal is expected to be $ and all subsequent vithdrawals are expected to increase annually by percent forever. What is if the expected return per year is percent per lear?
Input instructions: Round your answer to the nearest dollar.
$
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