Edward Johnson decided to open up a Roth IRA. He will invest $1,800 per year for the next 35 years. Deposits to the Roth IRA will be made via a $150 payroll deduction at the end of each month. Assume that Edward will earn 8.75% over the life of the IRA. How much will he have at the end of 35 years?
A. $363,000
B. $414,405
C. $125,250
D. $250,321
Edward Johnson decided to open up a Roth IRA. He will invest $1,800 per year for the next