Will mark the !

richard is 25 years old and starting an ira (individual retirement account). he is going to invest $200 at the beginning of each month. the account is expected to earn 2.85% interest, compounded monthly. how much money will ricky have in his ira when he retires, at age 65?

$87,564.17

$452,588.21

$14,993.11

$179,165.14