You Know That Regular Tax-Deferred Investments Are a Popular Investment

Multiple Choice

You know that regular tax-deferred investments are a popular investment choice for many people preparing for retirement.Did you know that if you invest $2,000 today and at the end of every year for 40 years at an annual rate of 10% that you will have grown your portfolio to a value of $975,704 at the end of that time? How much of that future value dollar amount comes from the $2,000 investment you made today?

A) $975,704
B) $885,185
C) $23,798
D) $90,519