4. Future Value of an Annuity. Kirk can take his $1,190 income tax refund and invest it in a 36-month certificate of deposit at 8%, or he can use the money to purchase a home entertainment system and put $41 a month in a savings account that will pay him 8%. Which choice will give him more money at the end of 3 years? A. With the monthly saving option, he would have $1,702.68 in 3 years. If he put the money in a 36-month CD at 8%, he will have $1,585.35. B. With the monthly saving option, he would have $1,511.58 in 3 years. If he put the money in a 36-month CD at 8%, he will have $1,661.96 C. With the monthly saving option, he would have $1,661.96 in 3 years. If he put the money in a 36-month CD at 8%, he wil ve $1,511.58 4. Future Value of an Annuity. Kirk can take his $1,190 income tax refund and invest it in a 36-month certificate of deposit at 8%, or he can use the money to purchase a home entertainment system and put $41 a month in a savings account that will pay him 8%. Which choice will give him more money at the end of 3 years? . A. With the monthly saving option, he would have $1,702.68 in 3 years. If he put the money in a 36-month CD at 8%, he will have $1,585.35. B. With the monthly saving option, he would have $1,511.58 in 3 years. If he put the money in a 36-month CD at 8%, he will have $1,661.96 C. With the monthly saving option, he would have $1,661.96 in 3 years. If he put the money in a 36-month CD at 8%, he will have $1,511.58 D. With the monthly saving option, he would have $1,585.35 in 3 years. If he put the money in a 36-month CD at 8%, he will have $1,702.68