1. Choose the correct answer. (Answer may vary depending on calculator or calculator version.)

Addison wants to start making periodic investments in a retirement account. She will make a yearly contribution of

$2,700. The account will pay 8.5% interest, compounded quarterly. How much

will her account be worth after 35

years?

$94,500

$102,532.50

$602,072.76

$375,637.50