please help and show work. =)

You want to have $60,000 in your savings account 5 years from now, and you're prepared to make equal annual deposits into the account at the end of each year.

Required: If the account pays 7.1 percent interest, what amount must you deposit each year?

Multiple Choice

$10,412.64

$4,260.02

$14,550.29

$12,000.00

$4,259.97