Sunrise industries wishes to accumulate funds to provide a retirement annuity for its vice president of research,Jill Moran. Ms.Moran,by contract, will retire at the end of exactly 12 years. Upon retirement, she is entitled to receive an annual end-of-year payment of $42000 for exactly 20 years. If she dies prior to the end of the 20-year period, the annual payment will pass to her heirs.