That sounds about right for an AR. One other issue you need to be aware of at all times is the concept called "know your weapon".
This is not an insult or a flame, it was beat into all vets at basic training, or at least is was when I went through boot.
Regardless of what gun you are shooting, there will always be a certain amount of "climb" in the bullet path before it crosses zero. Where that will be depends on the weapon, bullet, and powder.
There are several ballistics programs on the net that will show you the bullet path for a weapon, bullet and powder combo. Just search for "ballistic software". There are a couple that are free.
Enjoy.
GWM