Present value sura wiggle would like to make a single investment have 2.2 million at the time of her retirement in 28 years she has found a mutual fund that will earn 7% annually how much will Sarah have to invest today if there are an annual return of 15%

if the annual interest rate is 7%, then you need to invest:

present value = future value / (1 + i)ⁿ

present value = $2,200,000 / (1 + 7%)²⁸ = $330,884.87

if the interest rate is 15%, the you need to deposit a smaller amount:

present value = future value / (1 + i)ⁿ

present value = $2,200,000 / (1 + 15%)²⁸ = $43,942.34

468

step-by-step explanation:

f . i can go whenever i feel like it bc it is confidential meaning only i would know how much i deposited besides the bank and they wouldnt care bc when you make a deposit you are using their services which means they are using there competition and gaining more customers

and if they dont well then thats less customers for them in a less profitable way

plz mark brainliest