Meg's pension plan is an annuity with a guaranteed return of 6% per year (compounded quarterly). She would like to retire with a pension of $10,000 per quarter for 25 years. If she works 37 years before retiring, how much money must she and her employer deposit each quarter? (Round your answer to the nearest cent.)

Pensions Meg's pension plan is an annuity with a guaranteed return of 6% per year (compounded quarterly). She would like to retire with a pension of $10,000 per quarter for 25 years. If she works 37 years before retiring, how much money must she and her employer deposit each quarter? (Round your answer to the nearest cent.) $ 961.14 Need Help? Talk to a Tutor Submit Answer Practice Another Version