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Ms. Richert expects to retire in 30 years, and she wishes to accumulate $1,004,000 in her retirement fund by that time. If the interest rate

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Ms. Richert expects to retire in 30 years, and she wishes to accumulate $1,004,000 in her retirement fund by that time. If the interest rate is 13 percent per yeat, how much should Ms. Richert put into her retirement fund at the end of each year in order to achieve this goal? Multiple Choice $3,42429 $10,325,08 $6.848.59 $4016.00

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