Solve the problem.Find the value of a retirement savings account paying an APR of 5.8% after 45 years (contributions made at the end of each year, including the last year) when the annual contribution is $1200. Round your answer to the nearest cent.

A. $214,705.00
B. $256,064.38
C. $226,552.56
D. $230,855.41
E. $240,892.61


Answer: E

Mathematics

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