you just graduated and landed your first job in your new career. Your remember that...
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Finance
you just graduated and landed your first job in your new career. Your remember that your finance professor told you to begin the painless job of saving the retirement as soon as possible, so you decided to put away $250 at the end of each month in an IRA (Individual Retirement Account) starting at the end of the first month in your new position.Your expected annual rate of return on the IRA is a 4.75 % (compounded monthly). How much will you accumulate after 35 years of investing? (Round your answer to the nearest $1)
Answer choices:
A. $268,750
B. $109,988
C. $247,921
D. $210,445
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