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Annie will retire in 3 5 years. To that end she contributes $ 9 0 0 per month to her 4 0 1 - k

Annie will retire in 35 years. To that end she contributes $900 per month to her 401-k account during the first 20-years, then stops her contributions and lets the funds compound for the next 15 years. How much would her account hold at retirement if she earned an annual rate of 11.5% monthly compounded?
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$4,634,711.68
$5,597,983.04
$2,999,789.12
$4,425,537.6.

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