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1. I need to have $2,250,000 (in today's dollars) to retire. Currently I have $600,000 saved for retirement. If I don't save another penny, in

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1. I need to have $2,250,000 (in today's dollars) to retire. Currently I have $600,000 saved for retirement. If I don't save another penny, in how many years will be able to retire if the current general interest rate is 10.3% and the inflation rate is 3.7%? Assume that interest compounds annually. a. 13.48 years b. 20.68 years C. 24.88 years d. 28.28 years

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