Solve.
To save for retirement, you decide to deposit $1750 into an IRA at the end of each year for the next 35 years. If the interest rate is 7% per year compounded annually, find the value of the IRA after 35 years. (Round to the nearest dollar.)
◦ $4,306,956
◦ $16,934
◦ $241,915
◦ $224,453