You want to have $2.5 million in real dollars in an account when you retire in 40 years. The nominal return on your investment is 11 percent and the inflation rate is 3 percent. What real amount must...

Extracted text: You want to have $2.5 million in real dollars in an account when you retire in 40 years. The nominal return on your investment is 11 percent and the inflation rate is 3 percent. What real amount must you deposit each year to achieve your goal? Multiple Choice $10,259.43 $4,296.82 $10,772.40