Solve.To save for retirement, you decide to deposit $1750 into an IRA at the end of each year for the next 35 years. If the interest rate is 7% per year compounded annually, find the value of the IRA after 35 years. (Round to the nearest dollar.)
A. $241,915
B. $4,306,956
C. $16,934
D. $224,453
Answer: A
Mathematics
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