Advanced Placement (AP), 20.07.2019 08:00 444x4gang4

The correct answer is $127,316 but how do you get that answer. i know this from the feedback i received but how do you solve this to get that? larry is 32 years old and starting an ira (individual retirement account). he is going to invest $250 at the beginning of each month. the account is expected to earn 3.5% interest, compounded monthly. how much money, rounded to the nearest dollar, will larry have in his ira if he wants to retire at age 58?

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