Question: Rhoda age 25 would like to start saving for retirement She will be able to save $400 per month beginning immediately. She will retire once

Rhoda age 25 would like to start saving for retirement She

Rhoda age 25 would like to start saving for retirement She will be able to save $400 per month beginning immediately. She will retire once she has saved 51 million Her investment portfolio will earn a rate of retum ol 8% compounded monthly during the entire time that she is saving Approximately how many years will it take her to reach her savings goal? OA 37 years OB. 36 years OC 38 years OD 35 years

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