Let's assume you get your first job at age 22 with an annual salary of $70,000. When you retire you want annual income equal to approximately 70% of your final salary. Let's say this is $50,000 in today's age 22 dollars. What is your desired annual retirement income at retirement at age 65 assuming an annual average growth rate of 4.5% in today's salary and retirement income amount? A. 511,328 B. $284,651 C.331,872 D. 464,621 You are wondering how much you would have at age 65 in each of the situations below if you make end of year deposits into an individual retirement account (IRA) with an 8% expected annual return?' 1.$14,400 annual deposits starting at age 45. 2. $4,100 annual deposits starting at age 25. What is the difference in the amount you would have at age 65 under option 2 vs option 1? i.e. What's option 2 age 65 amount - option 1 age 65 amount? A. $403,159 B. $1,062,132 C. $658,972 124nnn