Question: You plan to save $ 4 , 4 1 6 per year for 1 0 years, with your first savings contribution in 1 year. You

You plan to save $4,416 per year for 10 years, with your first savings contribution in 1 year. You then plan to withdraw $X per year for 6 years, with your first withdrawal expected in 10 years. What is X if the expected return per year is 18.19 percent per year?

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