Question 1 5 pts Sharon would like to have $1,000,000 saved in her Roth IRA by the time she retires. If she contributes $5,000 per year at the beginning of each year until retirement, at an average 6% return, will she make her goal? Yes, she will have approximately $98,000 more then her goal No, she will be short approximately $122,000 of her goal No, she will be short approximately $98,000 of her goal Yes, she will have approximately $122,000 more then her goal Question 2 5 pts Jeff would like to set up an escrow account that produces an after-tax annual return of 4% to make a cash purchase towards a $40,000 car in five years. How much should they save per month to accomplish this goal? 5614 O $623 $600 5603 Question 1 5 pts Sharon would like to have $1,000,000 saved in her Roth IRA by the time she retires. If she contributes $5,000 per year at the beginning of each year until retirement, at an average 6% return, will she make her goal? Yes, she will have approximately $98,000 more then her goal No, she will be short approximately $122,000 of her goal No, she will be short approximately $98,000 of her goal Yes, she will have approximately $122,000 more then her goal Question 2 5 pts Jeff would like to set up an escrow account that produces an after-tax annual return of 4% to make a cash purchase towards a $40,000 car in five years. How much should they save per month to accomplish this goal? 5614 O $623 $600 5603