Question: You expect to have $ 2 7 7 , 5 4 4 in 2 7 years. You plan to make savings contributions of $ 1

You expect to have $277,544in 27 years. You plan to make savings contributions of $1,860per yearfor 27 years. The expected return is Xpercent per yearand the first regular savings contribution will be made in 1 year. What is X?

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