Problem 4-25 Calculating Present Values (LO 2] You have decided that you want to be a millionaire when you retire in 44 years. a. If you can earn an annual return of 11.34 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 return of 5.67 percent? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Amount to invest b. Amount to invest Problem 4-5 Calculating the Number of Periods (LO 4) Solve for the unknown number of years in each of the following: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Years Interest Rate 8 % Present Value 950 2,641 34,205 33,900 6 Future Value $ 1,805 4,400 394,120 219,380 11 18