Question

PLEASE HELP ME!!!!!!
Ronald is 26 years old and starting an IRA (individual retirement account). He is going to invest $200 at the beginning of each month. The account is expected to earn 2.75% interest, compounded monthly.How much money will Ricky have in his IRA when he retires, at age 65?
$434,065.20
$167,868.30
$86,350.79
$14,053.63

Answer 1

65-26
A = 200(1+(0.0275/12)^0.0275(12 x 41 ) graph this in y =