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2. TI Calculator Graded Problem Set You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account
2. TI Calculator Graded Problem Set You just won $70,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 8% per year. If you intend to retire in 45 years, how much are these lottery winnings expected to be worth when you retire? $1,260,147 O $2,234,431 $9,665,457 O$2,615,364 $871,576 If you find an account that pays 9% annual interest instead of 8%, how much would you have at retirement? $1,915,227 $14,578,097 $3,382,910 $3,751,878 $3,250,123 Suppose the new retirement account actually pays 9% interest per year and pays interest semiannually. How much money would you have at retirement? $2,119,250 Suppose the new retirement account actually pays 9% Interest per year and pays Interest semiannually. How much money would you have at retirement? O $2,119,250 $17,034,358 O$3,677,597 $3,411,933 O$1,105,609
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