You would like to retire in 10 years and have the equivalent of $60,000 a year (in today's dollars) for 20 years (hint....this is a growing annuity). The inflation rate is 2.5% during this time period. The annual return you can achieve during the 30 year period is 6% (compounded annually). What is the payment you will have to make each year at the end of the year? $76,805

$92,000

$81,424

$85,989