Colleen’s grandfather set up a savings account for her with a $25,000 gift when she was first born. The account accumulated interest annually at a rate of 6% per year and no other deposits were made to the account. Colleen is 21 years old today. ‘To date, how much has accumulated in Colleen’s account?

a. $79,231.88.

b. $84,989.09.

c. $98,656. 75:

d: $101,378.92: