You just won $60,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 7% per year. If you intend to retire in 45 years, how much are these lottery winnings expected to be worth when you retire? $1,260,147 0 $9,665,457 $1,238,815 O $2,615,364 O $2,345,879 If you find an account that pays 8% annual interest instead of 7%, how much would you have at retirement? O $14,578,097 $1,890,221 $1,915,227 $8,543,022 $3,751,878 O $1,890,221 $1,915,227 $8,543,022 O $3,751,878 Suppose the new retirement account actually pays 8% interest per year and pays interest quarterly. How much money would you have at retirement? $2,043,797 O $2,119,250 O $17,034,358 $3,411,933 $3,616,360