QUESTION 26 1 points Save Answer Road Runner is trying to save for retirement. He would like to have enough saved to provide him with $125.000 in Income per year for 25 years a 25-year ordinary annuity). If his investments during retirement will earn 7.75 percent annually, how much must he have in his retirement account to accomplish this goal? (Hint: Assume he will spend all of the principal balance over the 25 years of retirement and that payments happen at the end of each year, so that the retirement fund is an ordinary annuity) O $8,811,237 87 $1,363,342 44 $3,125,000.00 There is not enough information to answer this question D. QUESTION 27 1 points Hippety Hopper has 25 years until he retires and his retirement account currently is worth $75,000. if he makes annual contributions into his retirement account (earning 6.5 percent), how large must these contributions be so that the balance in this fund is $1.329,682 when he retires? $37.219.32 $148,726.43 $24.922.10 $31.070 71