Question 35 (2.5 points Abbot is 40 years old today. He plans to deposit a fixed equal annual amount into his retirement account starting today at t-0) and on each birthday until he turns 60 (att- 20). He plans to withdraw $100,000 per year on each birthday beginning when he is 70 (at t - 30) and ending when he is 89 (att - 49). The account will earn 7 percent pa.. What must Abbot's annual deposits be to achieve his retirement income goal? 1) $16,014.77 2) $16,975.66 3) $12,003.65 O4) $12,843.91 5) $14,497.85