Question: You plan to save $ 1 3 , 6 6 2 per year for 9 years , with your first savings contribution in 1 year.

You plan to save $13,662per year for 9years, with your first savings contribution in 1 year. You then plan to withdraw $X per year for 9years, with your first withdrawal expected in9years. What is X if the expected return per year is 15.67 percentper year? Input instructions: Round your answer to the nearest dollar.

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