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(Related to Checkpoint 5.4) (Present value) Sarah Wiggum would lake to make a single investment and have $1.7mili ion at the time of har fatrement

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(Related to Checkpoint 5.4) (Present value) Sarah Wiggum would lake to make a single investment and have $1.7mili ion at the time of har fatrement in 25 years . She has found a mutual fund that will earn 6 percent annually. How much will Sarah have to invest today? If Sarah earned an annual refum of 18 percent how soen could she then retro? 3. If Sarah can eam 6 percent annually for the next 25 years, the amount of meney she will have to invest today is $ (Round to the nearost cont) b. If Sarah can eam an annual return of 18 percent, the number of years until ahe could rotre is years (Round to one decimal place)

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