Question 12 Carson expects to invest $40,000 today, $34,000 one year from today, and $14,500 two years from today. If he can earn an average annual return of 9.4 percent, how much will he have saved in this account by the end of Year 25? $1,172,373.45 $935,334.63 $786,184.49 $947,509.58 $1,033,545.00 5 pts

Carson expects to invest $40,000 today, $34,000 one year from today, and $14,500 two years from today. If he can earn an average annual return of 9.4 percent, how much will he have saved in this account by the end of Year 25? $1,172,373.45 $935,334.63 $786,184.49 $947,509.58 $1,033,545.00