Marty borrows $1000 from Harry on January 1, 2013, and promises to repay Harry on December 31, 2017, a payment that will result in Harry earning rate of interest of 10%.

Which of the following expressions correctly states the value of Marty's payment on December 31, 2017?

Select one:

a.($1000)/(1+0.10)5

b.($1000)(1+0.10) +($1000)/(1+0.10)2+($1000)/(1+0.10)3+($1000)/(1+0.10)4+($1000)/(1+0.10)5

c.($1000)(1+0.10)5

d.($1000)(1+10)