Colin Seely just retired today. He is going to take out a withdrawal of $95.000 today to fund his quest for extreme sports for 3 years. Then he will make 30 annual unequal withdrawals from his savings with the first withdrawal occurring at 3. He wants each withdrawal to have the same purchasing power as $40,000 has today so the withdrawals need to grow at a constant rate of 3% to compensate for expected inflation per year. His savings account earns 9% per year. How much needs to be in his savings account today in order for him to be able to withdraw $95.000 today and make 30 additional withdrawals (from t3 through t32)? Round all calculations to the nearest dollar. 0 1 3 31 32 33 -95K W29 W30 a. S 776,268 b. S 600,500 c. $ 595,978 d. $ 405,980 e. $ 196,260