12 of 13 < View Policies Current Attempt in Progress -/5 E Leon Fowler borrowed $94,680 on March 1, 2018. This amount plus accrued interest at 10% compounded semiannually is to be repaid March 1, 2028. To retire this debt, Leon plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2023, and for the next 4 years. The fund is expected to earn 9% per annum. Click here to view factor tables How much must be contributed each year by Leon Fowler to provide a fund sufficient to retire the debt on March 1, 2028? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, eg. 458,583) Annual contribution to debt retirement fund eTextbook and Media Save for Later Attempts: 0 of 3 used Submit