rhoda, agre 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 1 million. her investment portfolio will earn a rate of return of 8% compounded monthly during the entire time that she is saving. approximately how many years will it take her to reach her savings goal?

a. 37 years b. 35 years c. 36 years d. 38 years