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Glenn plans to save $18 r year until he retires. His first savings contribution to his retirement account is expected in 1 year from today.

Glenn plans to save $18
r year until he retires. His first savings contribution to his retirement account is expected in 1 year from today. Glenn plans to retire in 5 years from today, immediately after making
his last $18,900.00 cont
is retirement account. He then plans to be retired for 5 years. Glenn expects to earn 5.00 percent per year in his retirement account, both betore and during his retirement. If
Glenn receives egual ann
ents from his retirement account during his retirement with the first of these annual retirement payments received in 1 vear
after he retires
and the
last or these
nuitsuremen
payments received in 5 years after he retires, then how much can Glenn expect each of his annual retirement payments to be?
O $24,121.72 (plus or minus $10)
O $18,048.34 (plus or minus $10)
O $21.201.23 (plus or minus $10)
O $22,973.07 (plus or minus $10)
O None of the above is within $10 of the correct answer
PLEASE ANSWER ASAP

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