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Monroe deposits $4,000 every year for 15 years into a Roth IRA account beginning on December 31, 2022. If the fund returns 12% compounded annually,

Monroe deposits $4,000 every year for 15 years into a Roth IRA account beginning on December 31, 2022. If the fund returns 12% compounded annually, approximately how much will his money be worth when he retires on December 31, 2068?

A. $2,255,000

B. $3,291,000

C. $4,333,000

D. $5,004,000

E. $5,604,000

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