Question: Decide whether the following statement makes sense or does not make sense explain your reasoning: if interest rates stay at 5% APR and I continue

Decide whether the following statement makes sense or does not make sense explain your reasoning:

if interest rates stay at 5% APR and I continue to make my monthly $25 deposits into my retirement plan I should have at least $30,000 saved when i retire in 35 years.

The statement __because I will have $____ in my retirement account when I retire in 35 years

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