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X Your answer is incorrect Leon Fowler borrowed $97,670 on March 1, 2018. This amount...

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X Your answer is incorrect Leon Fowler borrowed $97,670 on March 1, 2018. This amount plus accrued interest at 6% compounded semiannually is to be repaid March 1, 2028. To retire this debt. Leon plans to contribute to a debt retirement fund five equal amounts starting on March 1, 2023, and for the next 4 years. The fund is expected to earn 5% per annum Click here to view factor tables How much must be contributed each year by Leon Fowler to provide a fund sufficient to retire the debt on March 1, 2028? (Round factor values to 5 decimal places. e. 1.25124 and final answer to decimal places, eg. 458,583.) Annual contribution to debt retirement fund $ 36885

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