Gloria is 35 and trying to plan for retirement. She has put a budget together and plans to save $4,000 per year, starting at the end of this year, in a retirement fund until she is 61. Assume that she can make 5.5% on her account. How much will she have for retirement at age 61?

$104,000.00

$219,863.92

$235,956.44

$109,355.04