Question: Current Attempt in Progress James FoWler borrowed $93.560 on March 1, 2023. This amount plus accrued interest at 6% compounded semiannually is to be repaid

Current Attempt in Progress James FoWler borrowed $93.560 on March 1, 2023. This amount plus accrued interest at 6% compounded semiannually is to be repaid March 1. 2033. To retire this debt, James plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2028, and for the next 4 years. The fund is expected to earn 5% per annum. Click here to view factor tables. How much must be contributed each year by James Fowler to provide a fund sufficient to retire the debt on March 1, 2033? (Round factor values to 5 decimal places, es, 1.25124 and final answer to 0 decimal places, eg. 458,583.) Annual contribution to debt retirement fund

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