Tony Fowler borrowed $91,860 on March 1, 2018. This amount plus accrued interest at 8% compounded semiannually is to be repaid March 1. 2028. To retire this debt, Tony plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2023, and for the next 4 years. The fund is expected to earn 6% per annum. Click here to view factor tables How much must be contributed each year by Tony Fowler to provide a fund sufficient to retire the debt on March 1, 2028? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, eg. 458,583.) Annual contribution to debt retirement fund $ 3120