Chris Weatherspoon, a super salesman contemplating retirement on his fifty-fifth birthday, decides to create a fund on an 12% basis that will enable him to withdraw $16,420 per year on June 30, beginning in 2024 and continuing through 2027. To develop this fund, Chris intends to make equal contributions on June 30 of each of the years 2020-2023. (a) Your answer is correct. Click here to view factor tables How much must the balance of the fund equal on June 30, 2023, in order for Chris to satisfy his objective? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Balance of the fund equal on June 30, 2023 $ 49873 What are each of Chris's contributions to the fund? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) Chris's contributions to the fund $ S 8% 10% 11% 12% Periods 1.08000 1.10000 1.11000 1.12000 1 1.16640 1.21000 9% 1.09000 1.18810 1.29503 1.41158 1.53862 1.25971 1.36049 1.46933 15% 1.15000 1.32250 1.52088 1.74901 2.01136 1.23210 1.36763 1.51807 1.68506 1.33100 1.46410 1.61051 1.25440 1.40493 1.57352 1.76234 di CON 4 6 1.58687 1.71382 1.85093 1.99900 2.15892 1.67710 1.82804 1.99256 2.17189 2.36736 1.77156 1.94872 2.14359 2.35795 2.59374 1.87041 2.07616 2.30454 2.55803 2.83942 1.97382 2.21068 2.47596 2.77308 3.10585 2.31306 2.66002 3.05902 3-51788 4.04556 7 8 9 10 11 12 2.33164 2.51817 2.71962 2.93719 3.17217 2.58043 2.81267 3.06581 3.34173 3.64248 2.85312 3.13843 3.45227 3.79750 4.17725 3.15176 3.49845 3.88328 4.31044 4.78459 3.47855 3.89598 4.36349 4.88711 5.47357 4.65239 5.35025 6.15279 7.07571 8.13706 13 14 15 3.97031 16 4-32763 3-42594 3.70002 3.99602 4.31570 4.66096 4-59497 5.05447 5.55992 6.11591 6.72750 4.71712 5.14166 5.60441 5-31089 5.89509 6.54355 7.26334 8.06231 6.13039 6.86604 7.68997 8.61276 9.64629 9.35762 10.76126 12.37545 14.23177 16.36654 17 18 19 20