The amount of each retirement payment

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Siri plans to retire in 5 years from today with 433,000 dollars in her retirement account, which has an annual return of 14.84 percent. If she receives annual retirement payment of X, with her first annual retirement payment of X received in 5 years and her last annual retirement payment of X received in 12 years from today, then what is X, the amount of each retirement payment?

Reference no: EM131011242

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