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Your goal is to have $3,500,000 when you retire 28 years from now. To achieve your goal, you plan to make 28 annual deposits, beginning

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Your goal is to have $3,500,000 when you retire 28 years from now. To achieve your goal, you plan to make 28 annual deposits, beginning today, in a bank certificate of deposit that will pay 6.0% interest. You will increase your payments by 2.0% per year. What should be your first deposit today to meet your goal? O $41,535 O $40,751 O $39,184 O $31,347 O $37.225

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