Exercise 6-8 Morgan Weatherspoon, a super salesman contemplating retirement on his fifty-fifth birthday, decides to create a fund on an 10% basis that will enable him to withdraw $24,290 per year on June 30, beginning in 2024 and continuing through 2027. To develop this fund, Morgan intends to make equal contributions on June 30 of each of the years 2020-2023. x Your answer is incorrect. Try again. Click here to view factor tables How much must the balance of the fund equal on June 30, 2023, in order for Morgan to satisfy his objective? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, e.g. 458,581.) Balance of the fund equal on June 30, 2023 16590.40 LINK TO TEXT LINK TO VIDEO x Your answer is incorrect. Try again. Click here to view factor tables What are each of Morgan's contributions to the fund? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Morgan's contributions to the fund Click if you would like to Show Work for this question: Open Show Work