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You have just started a new job and plan to save $4,900 per year for 42 years until you retire. You will make your first

You have just started a new job and plan to save $4,900 per year for 42 years until you retire. You will make your first deposit in one year. How much will you have when you retire if you earn an annual interest rate of 9.96 percent?

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$2,490,934.48
$2,363,822.09
$2,483,990.43
$2,604,158.77
$2,514,360.19

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