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

You plan to save $X per year for 10 years, with your first savings contribution in 1 year. You then plan to withdraw $55,455 per year for 7 years, with your first withdrawal expected in 10 years. What is X if the expected return is 18.07 percent per year?

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