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(Future value) Sarah Wiggum would like to make a single lump-sum investment and have $2.0 million at the time of her retirement in 35 years.

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(Future value) Sarah Wiggum would like to make a single lump-sum investment and have $2.0 million at the time of her retirement in 35 years. She has found a mutual fund that expects to earn 4 percent annually. How much must Sarah invest today? If Sarah earned an annual return of 14 percent, how much must she invest today? a. If Sarah can earn 4 percent annually for the next 35 years, how much will she have to invest today? $ (Round to the nearest cent.) b. If Sarah can earn 14 percent annually for the next 35 years, how much will she have to invest today? $ (Round to the nearest cent.)

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