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Ms . Richert expects to retire in 2 9 years, and she wishes to accumulate $ 1 , 0 1 2 , 0 0 0

Ms. Richert expects to retire in 29 years, and she wishes to accumulate $1,012,000 in her retirement fund by that time. If the interest rate is 11 percent per year, how much should Ms Richer o the end of each year in order to achieve this goal? 04242Multiple Choice$11,345.47$5,672.74$17,070.41$4.048.00

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