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When you retire 45 years from now, you want to have $1.25 mllion saved. You think you can earn an average of 76 percent on

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When you retire 45 years from now, you want to have $1.25 mllion saved. You think you can earn an average of 76 percent on your investments. To meet your goal, you are trying to decide whether to deposit a lump sum today, or to walt and deposit a lump sum five years from today to fund this goal. How much more will you have to deposit if you walt for five years before making the deposit? Multiple Cholce $17.414.14 21,319.47 $19.891.11 $20,468.85 $13.406.78

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