When you retire 19 years from now, you want to have $1.1 million. You think you can eam an average of 9.8 percent on your investments. To meet your goal, you are trying to decide whether to deposit a lump sum today, or to wait and deposit a lump sum 3 years from today. How much more will you have to deposit as a lump sum if you wait for 3 years before making the deposit? Required deposit today = Required deposit in 3 years = Additional deposit required if you decide to wait = Allowed attempts: 3