Axel is setting up a retirement savings plan. He is starting early because he knows that time is of the essence. He is 20 years old. He expects that he will need at least $2,000,000 when he retires. He hopes to retire in 35 years from now. One plan that he may implement is to save $900 per month and invest it at 8 percent p.a. (compounding monthly). Will this plan allow him to achieve his goal of having at least $2,000,000 upon retirement? Select one: a. Yes. This plan will meet his goal. It would generate retirement savings of $2,064,494.24. b. No. This plan will not achieve his goal. It will only generate savings of $1,835,105.99. c. No. This plan only generates retirement savings of $126,714.00. d. Yes. This plan will achieve his goal. It generates savings of $2,300,509.87.