You wish to have $5,000,000 saved for your retirement and you plan on retiring in 35 years. You can earn 4.5 percent per year on your money. How much must you put away each year to have $5,000,000 in 35 years if you make your first deposit today?

Group of answer choices

a. $35,226

b. $46,811

c. $58,710

d. $61,352