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12. [-/6 Points] DETAILS WANEFMAC7 3.3.058. MY NOTES Pensions Meg's pension plan is an annuity with a guaranteed return of 7% per year (compounded quarterly).

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12. [-/6 Points] DETAILS WANEFMAC7 3.3.058. MY NOTES Pensions Meg's pension plan is an annuity with a guaranteed return of 7% per year (compounded quarterly). She would like to retire with a pension of $50,000 per quarter for 25 years. If she works 41 years before retiring, how much money must she and her employer deposit each quarter? (Round your answer to the nearest cent.) $

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