Solve the problem.Find the value of a retirement savings account paying an APR of 6.6% (compounded monthly) after 40 years of monthly contributions (contributions made at the end of each month, including the last month) when the monthly contribution is $170. Round your answer to the nearest cent.
A. $428,359.87
B. $367,541.45
C. $371,712.72
D. $410,337.81
E. $399,104.52
Answer: E
Mathematics
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