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Mr. Jenkins has deposited $7582 at the end of each year into a superannuation fund for the last 16 years. His investments earned j1=10.74% p.a.

Mr. Jenkins has deposited $7582 at the end of each year into a superannuation fund for the last 16 years. His investments earned j1=10.74% p.a. for the first 11 years and j1=5.49% p.a. for the remaining years. How much money does he have in his account 16 years after his final deposit?

A.$233345.35

B.$191037.97

C.$421831.12

D.$134340.91

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