9. How much would you have to invest when you are 22 years old at 7% compounded monthly to end up with a million dollars by age 52? Round your answer to the nearest thousand. a. $213,000 b. $131,000 c. $215,000 d. $123,000 e. None of these 0. Find the present value of the decreasing annuity necessary to fund a withdrawal of $1,700/quarter for 20 years, if the annuity earns 3%/year. (Assume end-of-period deposits and compounding at the same intervals as deposits.) Round your answer to the nearest cent. a. $101,990.55 b. $102,695.46 c. $101,962.64 d. $102,205.22 e. $102,103.02