Question: You plan to save $ 1 8 , 7 0 8 per year for 7 years, with your first savings contribution in 1 year. You

You plan to save$18,708per year for 7 years, with your first savings contribution in 1 year. You then plan to withdraw$Xper year forever, with your first withdrawal expected in 8 years. What isXif the expected return per year is 16.48 percent per year? Input instructions: Round your answer to the nearest dollar. $

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