Forplanningpurposes,anindividualwantstobeabletospend€80,000peryear,attheendofeachyear,forananticipated25yearsinretirement.Inordertofundthisretirementaccount,hewillmakeannualdepositsof€6,608attheendofeachofhisworkingyears.Whatistheminimumnumberofsuchdepositshewillneedtomaketofundhisdesiredretirement?Use6%interestcompoundedannuallyforallcalculations. A: 29payments B: 40payments C: 51payments