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Decide whether the following statement makes sense​ (or is clearly​ true) or does not make sense​...

Decide whether the following statement makes sense​ (or is clearly​ true) or does not make sense​ (or is clearly​ false). Explain your reasoning. If interest rates stay at 5​% APR and I continue to make my monthly ​$75 deposits into my retirement​ plan, I should have at least ​$30 comma 000 saved when I retire in 30 years.

The statement ▼ __________because I will have ​$ _________ in my retirement account when I retire in 30 years. ​(Round to the nearest cent as​ needed.)

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