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Jason plans to start saving for retirement. He will invest $3,500 at the end of each year for the next 40 years in a fund

Jason plans to start saving for retirement. He will invest $3,500 at the end of each year for the next 40 years in a fund that will earn a return of 9 percent annually. How much will Jason have at the end of 40 years?

Question 9 options:
1)

$1,033,442

2)

$1,182,589

3)

$1,296,881

4)

$1,236,328

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