14 Last year, you deposited $25 000 into a retirement savings account at a fixed rate of 75 Today, you could earn a fixed rate of Bona similar type account However, your rate is fixed and cannot be adjusted How much less could you have deposited last year you could have earned a fixed rate of 8 and still have the same amount as you currently will when you rete 40 years from today Muluple Choice $1 218 46 less $1,666 67 less O $2 408 28 less $3,628 09 less G 54 331 30 less

Question

14 Last year, you deposited $25 000 into a retirement savings account at a fixed rate of 75  Today, you could earn a fixed rate of Bona similar type account  However, your rate is fixed and cannot be adjusted  How much less could you have deposited last year you could have earned a fixed rate of 8  and still have the same amount as you currently will when you rete 40 years from today  Muluple Choice $1 218 46 less $1,666 67 less O $2 408 28 less $3,628 09 less G 54 331 30 less

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14 Last year, you deposited $25.000 into a retirement savings account at a fixed rate of 75% Today, you could earn a fixed rate of

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