George and Betty will be retiring in 4 years and would like to buy a beach house. They estimate that they will need $150,000 at the end of 4 years to by this house. They want to make four equal annual payments into an account at the end of each year. If they can earn 16% on their money, compounded annually, over the next 4 years, how much must they invest at the end of each year for the next four years to have $150,000 by retirement? Question 27 options: $25,523 $29,606 $46,212 $37,500