QUESTION $7$Richard currently has $$11,900\mathrm{.}00$ saved and plans to make annual savings contributions of $$8,330\mathrm{.}69.$ His first annual savings contribution is expected in $1$ year.Richard expects to earn $6\mathrm{.}86$ percent per year. How many savings contributions of $$8,330\mathrm{.}69$ does Richard need to make in order to have $$301,000\mathrm{.}00?17\mathrm{.}38$ payments $16\mathrm{.}76$ payments $18\mathrm{.}08$ payments $18\mathrm{.}79$ payments the answer cannot be obtained based on the given information