45 " ASSUME that in 25 years you will need $500,000 for your retirement (i.e. retirement is actually 25 years away, and you want In have saved $500,000). How much money would you have to put into a bank today to accumulate this if your money will cam 8% per year (assume mutual compounding)?. a. 73,009 b. 166,365 c. 211, 573 d. 676,001 e. insufficient information to compute