33) An insurance agent has recommended you invest in a policy that promises to pay you $10,000 a year upon retirement. The payments will continue for 15 years after you retire. If you plan to retire in 25 years and can earn a constant effective annual rate of 12% on similar investments, what is the maximum you should be willing to pay for this policy today? Assume the first payment will be made at the end of the 25th year and round your answer to the nearest dollar. A) $68,109 B) $4,006 C) $76,282 D) $4,487