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Sarah would like to make a single investment and have $1.8 million at the time of her retirement in 30 years. She has found a mutual fund that will earn 6% annually. How much will Sara have to invest today? If Sara invest that amount and could earn a 15% annual return, How soon could she retire assuming she is still going to retire when she has 1.8 million

sin going to retire when she has $1.8 million? Click on the table icon to view the PVIF table ? To have 51 8 million at retirement, the amount Sarah must invest today is $ (Round to the nearest cent) If Sarah invests that same amount and earn a 15% annual return, she could retire in approximately years. (Round to one decimal place.) 1 Data Table arah - X Click on X9 M 119 12 13% PL To have 2 0935 117 0362 0.94 0990 BO BOT 0047 0.710 1950 2150 1750 9050 105 0914 0826 0.751 . Sarah 0.920 OM 794 0735 06 1% 20% 0040 081 0700 0.690 0010 0.75 0712 COLO K690 0620 1990 525.0 0.917 842 0.772 0.70 0.650 000 054 090 990 0.76 0713 0 0704 8501 0,812 0731 0169 0593 053 40 014 190 1567 661 050 10 0422 3/8 ISO USD 010 0019 03 Valo 1990 70 15 165 0870 0 0756 0.70 0.731 0675 06 0.601 05 0.02 0.552 0.4197 04 6490 017 150 * 33 . 0204 0265 02 020 023 0215 OL 020 0.192 012 25 AX 9% 1 0.900 0971 0962 0.952 12 0500 0563 0525 3 0.971 0315 0.809 0.064 4 0961 0.15 O 0951 0865 0122 . 0 OBT 0.790 TAG 7 0.93 0.871 0.00 6710 09 YO 671 077 0.914 0703 0.000 ore 61 19 0096 0650 12 0701 13 DAN 0.773 OGOS 0600 14 0 870 0758 0577 0.565 16 07 D65 0 401 -16 0853 028 945 T1 WO PICO ZOPO SEED ICO QO CHO 04 0513 0467 00 WO or 000 WO UGE COCO SCO CITO POCO VO 0 0544 IMO CFL 09 01 MAD 0460 02 O KO OCHO 000 WEB 010 020 1950 SATO 0.220 1920 0.162 0136 Leo 160 0.1 034 ALE 0.41 OO SICO O MICO NEO SO 031 200 02 0232 0200 0460 002 041 354 02 201 FO W co 0111 294 007 O p100 0.16 010 0 02 2 100 000 NICO 0.27 026 012 0-100 0.09 ODE 000 01 016 0107 1200 054 09 11th AU ANU LOC on TI SSCO SZE wave 2000 7200 arats 12 13 14 15 56 17 18 19 20 21 22 23 24 25 30 0187 0.788 0.701 0.379 07689 0 870 0750 0 661 0.861 0.743 0642 0853 0.728 623 0344 0714 0605 0.836 0700 0507 0.820 0.686 0.570 0820 0.673 6556 0810 0.660 0.530 0003 0547 02 6.795 0634 0507 0.700 0.522 0.492 0.780 0610 0478 0782 0552 6412 106 0.500 0355 0672 0453 307 0.600 0377 E 0.625 0557 0601 0.530 0577 0505 0.555 0411 0.534 0.454 0 51 0434 0 494 0.41 0 475 0.396 0.156 0377 0.419 073591 0.422 0.342 0406 0326 0 390 0310 0375 0295 0:36 0.231 0 253 0.181 0.200 142 0197 0 469 0 442 0.017 0304 0 371 0350 0331 0312 0294 0270 0.262 0247 023 0.174 0 130 0091 0054 0.415 0.388 62 0.33 0317 0296 0.277 0258 0.242 0220 0 201 0.197 . 0.131 0.397 0315 0368 0290 0 340 0 290 0.263 0315 0214 0239 0252 0210 0270 0231 0 195 0250 0212 0 150 0.232 114 0.166 0215 178 0.149 0 199 014 OT 0.164 0.150 0.123 0170 0 130 0.112 0 150 0126 0102 0.116 0092 0099 0075 0.057 006 0036 00400033 002 0257 0231 0200 0.187 0168 0.152 0.370124 0258 0.112 0225 0204 0.182 0163 0.145 0.130 0115 0104 0.00 022 0205 0.181 0.160 0 141 0.125 0.111 0099 00 0.209 0183 6 160 0.140 012 OTOB 0095 0.064 0.065 015 0.163 9141 0.107 0.193 30 QOT 062 0.054 0.170 0.146 0.125 U 100 0.033 0.000 006 1000 0.052 0.04 0.130 0.110 0.001 306 0.051 050 0033 0.138 0 116 809 0.083 0070 0060 0037 0.031 0.124 010 0,00 0.073 0061 0.051 0037 0931 0.023 0.52 60 07 6064 0.053 0031 0.020 0022 0.101 000 0.05 0046 0.023 0.022 0.010 0091 0.074 013 000 20 0.010 0015 900 0 605 000 0035 0019 OOTS 0013 0074 005 0047 0030 000 0020 0010 003 0010 0044 0033 0.020 0.020 0015 0.00 000 0.005 0.004 0.020 001 01 2010 0.000 2006 000 0.02 0 0 0011 0.00 0 000 0003000 DO 0001 005 000 0001 0.001 001 0.000 DOOD 1500 1900 C00 WCOO 2000 LCO 0900 3500 DOO COD COD 40 0.067 1000 COO 2900 OUD

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