Question: 5 Problem 4-25 Calculating Present Values (LO 2] You have decided that you want to be a millionaire when you retire in 45 years. 3

5 Problem 4-25 Calculating Present Values (LO 2] You have decided that you want to be a millionaire when you retire in 45 years. 3 points a. If you can earn an annual return of 11:32 percent, how much do you have to invest today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) b. What if you can earn an annual retum of 5.66 percent? (Do not round Intermediate calculations and round your answer to 2 decimal places, 9. 32.16.) eBook Ask a. Amount to invest b. Amount to invest Print References

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