Question: FM3Y 6.2.4-4 Solve the problem. Round to the nearest cent. Laura wants to start an IRA that will have $250,000 in it when she retires

FM3Y 6.2.4-4 Solve the problem. Round to the nearest cent. Laura wants to start an IRA that will have $250,000 in it when she retires in 25 years. How much should she invest monthly in her IRA to do this if the interest is 14% compounded monthly? Select one: a. $92.75 b. $1075.11 c. $101.99 d. $14.786.53

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