In 1980, your grandmother put $500 into a special Trust Account to be paid to a future grandchild (you) 60 years later, in the year 2040. How much will this trust be worth in the year 2000 if it has been earning 8% as compound interest?

Select one:

a. $ 174 011,34

b. $ 176 031,29

c. $ 6398,57

d. $917.43

e. $ 6400