Aunt Tootsie and Uncle Pops have promised that when their nephew begins college in a few years, they will give him $40 , 000 to help pay for college. They want the money to last 4 years and their nephew will make equal annual withdrawals. They expect a 4% return after taxes. How much can their nephew withdraw each year for 4 years before the money runs? $9.421 $10 , 000 .