Morgan borrowed $220,000 on March 1, 2023. This amount plus accrued interest at 12% compounded semiannually is to be repaid March 1,2033 . To retire this debt, Morgan plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2028, and for the next four years. The fund is expected to earn 10% per annum. Click here to view factor tables How much must Morgan contribute each year to provide a fund sufficient to retire the debt on March 1 , 2033? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 4,585.83.) Annual contribution to debt retirement fund $ Morgan borrowed $220,000 on March 1, 2023. This amount plus accrued interest at 12% compounded semiannually is to be repaid March 1,2033 . To retire this debt, Morgan plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2028, and for the next four years. The fund is expected to earn 10% per annum. Click here to view factor tables How much must Morgan contribute each year to provide a fund sufficient to retire the debt on March 1 , 2033? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places, e.g. 4,585.83.) Annual contribution to debt retirement fund $