Question: (Future value) Sarah Wiggum would like to make a single lump-sum investment and have $2.2 million at the time of her rotirement in 34 years.

(Future value) Sarah Wiggum would like to make a single lump-sum investment and have $2.2 million at the time of her rotirement in 34 years. She has found a mutual fund that expects to earn 5 percent annually. How much must Sarah invest today? If Sarah camned an annual return of 15 percent, how much must she invest today? 2. If Sarah can eam 5 percent annually for the next 34 years, how much will she have to invest today? (Round to the nearest cont) b. If Sarah can cam 15 percent annually for the next 34 years, how much will she have to invest today? (Round to the nearest cont.)

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