As part of your retirement plan, you want to set up an annuity in which a regular payment of $50,000 is made at the end of each year. You need to determine how much money must be deposited earning 4.5% compounded annually in order to make the annuity payment for 20 years. a. $647,553.08 c. $655,355.12 b. $650,396.82 d. $658,210.10 Please select the best answer from the choices provided