Richard Fowler borrowed 591,480 on March 1, 2023. This amount plus accrued interest at 10% compounded semiannan ly is to be repaid March 1, 2033. To retire this debt, Richard plans to contritbute to a debt retirement fund five equal amountsstartingon March 1.2028, and for thenext 4 years. The fund is expected to earn 98 per annain. Click here to view factor tables: How much must be contributed each year by Richard Fowler to provide a fund cutficient to retire the debt on March 1, 20032 (Round foctor values to 5 dedimal ploces, 1.25124 and final anower to 0 decimal ploces, es. 458.583.) Annual contribution to debt retirement fund