How much should you save annually, for the next 29 years, so that you can fund your retirement, starting in year 30? Your super fund earns 5.85% p.a., and you estimate that you will need to spend $46,500 per year, for 27 years after retirement.

(a) $17,485.74. (b) $21,504.02. (c) $10,314.13. (d) $8,685.30.