QUESTION 1 John wants to have a set amount of 30,000 saved in 9 years time. He plans to do this by making equal annual payments into a savings account, starting in one year's time. The interest rate he can earn on the savings account is 3% per annum. Calculate the annual payment amount that John must make to reach his savings goal (to the nearest euro). O 3,333 9,152 3,853 2.953