Mr. X has deposited $8579 at the end of each year into a superannuation fund for the last 23 years. His investments earned j1=6.14% p.a. for the first 18 years and j1=5.56% p.a. for the remaining years. How much money does he have in his account 23 years after his final deposit?

a.

$585886.29

b.

$400094.65

c.

$209432.26

d.

$352157.07