After 25 years, neither Sheldon nor Ed will have enough money to retire, but how much more will Eds account be worth at this time?

$169,363

$141,056

$107,938

$289,671

$109,283

Sheldon is jealous of Ed because Ed is scheduled to retire before him, so Sheldon decides to make whatever end-of-year contribution is necessary to reach the $1,500,000 goal at the same time as Ed. If Sheldon continues to earn 8.0% annual interest, what annual contributions must he make in order to retire at the same time as Ed?

$13,241

$8,226

$7,751

$9,873

$11,320