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Oavid Fowler borrowed $91,860 on March 1,2023. This amount plus accrued interest at 8% compounded semiannually is to be repaid March 1,2033. To retire this

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Oavid Fowler borrowed $91,860 on March 1,2023. This amount plus accrued interest at 8% compounded semiannually is to be repaid March 1,2033. To retire this debt, David plans to contribute to a debt retirement fund five equat amounts starting on Warch 1,2028. and for the next 4 years. The fund is expected to earn 7% per annum. Click here to view factor tables: "H.wnich intist be contributed each year by David Fowler to provide a fund sufficient to retire the debt on March 1, 2033? (Round factor values to 5 decimal ploces, es. 125124 and final answer to 0 decimal ploces, es. 458,583) Annual contribution to debt retirement fund $

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