Assiame you want to rosee early at age 53 . You plan to sawe using one of the following two strateges: (1) save $4,800 a year in an iRA beginning when you are 26 and ending when you are 53 (25 yoars) or (2) wait until you are 43 to start sowing and then save $12,000 per year for the neit 10 years. Assume you will earn the hisboric stock, markot avorage of 10% per year. (Click the icon to view the future yalue annuly factor tabla.) (Cick the leen to vew the futurn vilue factor trible.) (Click the icon to view the prosent value annuity factor table.) (Cick the kon to vew the present value factor Lable.). Fnad the teowirements. Requirament 1. How much out-of-pockat eash will you invet under the two options? Caculate how much out-of-pocket cash you wal invest undor the two oplonk. Option 1