Due to a tragic traffic accident, Jill has been totally incapacitated. She has asked the court to award her damages for lost wages. She would of earned $72,000 this year, which was expected to increase by 5% per year for the next 35 years. If an appropriate discount rate is 9%, how much should Jill receive?

Select one:

a. $1,800,000

b. $1,313,626

c. $486,374

d. None of the above are correct