Question 14 Your answer is incorrect. Try again. Donald Martin is 30 years and wants to retire when he is 65. So far he has saved (1) $6,450 in an IRA account in which his money is earning 8.3 percent annually and (2) $4,300 in a money market account in which he is earning 5.25 percent annually. Donald wants to have $1 million when he retires. Starting next year, he plans to invest the same amount of money every year until he retires in a mutual fund in which he expects to earn 8.54 percent annually. How much will Donald have to invest every year to achieve his savings goal? (Round answer to 2 decimal places, e.g. 15.25.) Donald will have to save 7,268.03 Click if you would like to Show Work for this question: Open Show Work VIDEO: SIMILAR PROBLEM Question Attempts: 1 of 2 used SAVE FOR LATER SUBMIT ANSWER (A 2 :54 AM