Question: QUESTION 9 Drew currently has nothing saved for his retirement, which will start in 4 years from today. Drew wants to receive $74,000 each year

QUESTION 9 Drew currently has nothing saved for his retirement, which will start in 4 years from today. Drew wants to receive $74,000 each year for 7 years during retirement. The first of these 7 payments will be received in 4 years from today. Drew can earn a return of 6.2 percent per year in his account. How much does Drew need to save each year for 4 years to have exactly enough to meet his retirement goal if he makes his first annual contribution to savings today and all savings contributions are equal? a. $72,474 (plus or minus $10) 6.593,485 (plus or minus 510) C. $88,027 (plus or minus $10) d. $99,281 (plus or minus $10) Oe. None of the above is within $10 of the correct answer Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Wind MacBook Pro S88 FA F3 $ 4 # 3 % 5 6 7 2 R T Y E w H S D

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