26.

By enrolling your wetland in a conservation easement program, you will receive 15 annual payments of $250 per acre. You would receive the first payment in one year. You immediately deposit each payment you receive into your bank account that is earning 3% annual interest. What is the value of your bank account at the time the last conservation payment is deposited in your account?

Group of answer choices

389

3,750

7,521

4,650

554

8,333

448

673