Ron Klain just turned 30 today. His salary next year will be $40,000. Ron forecasts that his salary will increase at a steady rate of 5% per year until he retires at age 60. Suppose that Ron ends up saving $200,000 when he turns 60. He can invest this money at a rate of 6%. If Ron plans to spend these savings in even amounts over the subsequent 20 years, how much can he spend each year? Select one: O a. $10,926 O b. $100,000 O c. $17,437 O d. $4,414