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michael will retire in 4 7 years and has access to investments that will generate 8 % per year today michael will start two separate

michael will retire in 47 years and has access to investments that will generate 8% per year today michael will start two separate accounts, A & B,. In retirement account A, michael will invest $6000 per year, and make the first payment TODAY. In retirement account B, micahel will also invest $6000 per year but wait one year to make the first deposit. HOW MUCH MONEY WILL MICHAEL INVEST IN EACH ACCOUNT WHEN HE RETIRES IN 47 years? A. A & B both 2,717,400 B. A & B both 2940793 C. A & B both 2934790 D. A -2940790 & B-2717400 E. A -2934790 B.2940790 F. A-2934790 B-2717400

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