Sarah Wiggum would like to make a single investment and have $1.7 million at the time of her retirement in 34 years. She has found a mutual fund that will earn 7 percent annually. How much will Sarah have to invest today

Sarah has to invest $502,958.58 today.

Step-by-step explanation:

This is a simple interest problem.

The simple interest formula is given by:

In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.

After t years, the total amount of money is:

In this question:

She has to invest P today.

So

Sarah has to invest $502,958.58 today.

62.5 paisa

step-by-step explanation:

4000*70 = 280000

280000-(2000*90) = 100000

4000-2400 = 1600

100000/1600 = 62.5

( give brainliest)