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D. Try to choose the correct answer, note that four wrong answers will cancel one correct answer (i.e. each wrong answer will be penalized by

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D. Try to choose the correct answer, note that four wrong answers will cancel one correct answer (i.e. each wrong answer will be penalized by - 1 pt.): [ 4 pts. ] If S29,000 is invested now, which of the following value is closest to the equivalent future dollars 6 years from now to earn a real interest rate of 4% per year, when the inflation rate is 1% per year? Select one: a. 23,371 b. 19,476 O c. 38,952 d. 44,795

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