Please show all work and clearly display the answer. I will rate positively.

A new roof will cost $12,000. It will be installed in 10 years. If the interest rate is 6% per year, how much must be saved each year to accumulate $12,000 after 10 years? Click the icon to view the interest and annuity table for discrete compounding when i = 6% per year. If the interest rate is 6% per year, the amount to be saved annually is $ . (Round to the nearest dollar.) More Info Discrete Compounding; i= 6% Single Payment Uniform Series Compound Compound Sinking Capital Amount Present Amount Present Fund Recovery Factor Worth Factor Factor Worth Factor Factor Factor To Find F To Find P To Find F To Find P To Find A To Find A Given P Given F Given A Given A Given F Given P N F/P P/F =/A P/A A/F A/P 1.0600 0.9434 1.0000 0.9434 1.0000 1.0600 1.1236 0.8900 2.0600 1.8334 0.4854 0.5454 1. 1910 0.8396 3.1836 2.6730 0.3141 0.3741 1.2625 0.7921 4.3746 3.4651 0.2286 0.2886 60 0 VO UIA WN - 1.3382 0.7473 5.6371 4.2124 0. 1774 0.2374 1.4185 0.7050 6.9753 4.9173 0. 1434 0.2034 1.5036 0.6651 8.3938 5.5824 0. 1191 0. 1791 1.5938 0.6274 9.8975 6.2098 0. 1010 0.1610 1.6895 0.5919 11.4913 6.8017 0.0870 0. 1470 10 1.7908 0.5584 13. 1808 7.3601 0.0759 0. 1359 11 1.8983 0.5268 14.9716 7.8869 0.0668 0. 1268 12 2.0122 0.4970 16.8699 8.3838 0.0593 0. 1193 13 2.1329 0.4688 18.8821 8.8527 0.0530 0.1130 14 2.2609 0.4423 21.0151 9.2950 0.0476 0. 1076 15 2.3966 0.4173 23.2760 9.7122 0.0430 0. 1030 Clear all Che 16 2.5404 0.3936 25.6725 10.1059 0.0390 0.0990