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Jumbo deposits $4,000 every year for 10 years into a Roth IRA account beginning on December 31, 2022. If the fund guarantees 12% compounded annually,

Jumbo deposits $4,000 every year for 10 years into a Roth IRA account beginning on December 31, 2022. If the fund guarantees 12% compounded annually, approximately how much will his money be worth when he retires on December 31, 2068?

A. $4,000,000

B. $4,100,000

C. $4,200,000

D. $4,400,000

E. $4,600,000

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