Suppose that "Contract X" is an annuity due, specifying that the owner will receive 10 annual payments of $1,000 each, with the first payment occurring immediately upon the start of the contract. Now imagine a 30-year annuity of these contracts, where you will receive one Contract X that starts one year from today, another Contract X that starts two years from today, and so forth, out to the last Contract X, which will start 30 years from today. If the appropriate rate of return is 8 percent per year, how much would this annuity of Contract Xs be worth today?

a. $11,257.78

b. $75,540.64

c. $81,583.89

d. $96,574.04