Fenland Co. plans to retire $110 million in bonds in flive years, so it wishes to fund a savings account at the beginning of each year during that period for which it expects to earn 10% annually. At the end of the five years, there will be enough money in the account to pay off the bonds. What amount does Fenland need to invest each year? (EV of S1, PVof \$1, EVA of S1. PVA of S1. EVAD of \$1 and PVAD of S1) (Use appropriate factor(s) from the tables provided.) Mutiple Choice Connot be deteimined from the given information. 516,379.772 $23,787,095 517.642,345